Saturday, October 21, 2023

RL for Oct 23

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Partial profits signal for Gold.
  • Speculative Buy signal for AAL and CIEN.
  • Sell signal for BAC, DLTR and NI.
  • Bearish continuation for AI. Can add to short positions.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on October 20, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4224.16
4
 4366.27-0.40 ▼
2
2.25%
UK - FTSE 100^FTSE7402.14
0
 7609.890.37 ▼
1
1.30%
Germany - DAX^DAX14798.47
9
 15364.12-3.05 ▼
5
2.77%
Japan - Nikkei^N22531259.36
1
 32240.00-0.52 ▼
4
2.51%
Australia - AOI^AORD7089.70
9
 7258.38-0.23 ▼
1
1.16%
Brazil - BOVESPA^BVSP113155.28
0
 116104.81-0.74 ▼
2
0.79%
Gold (spot)$XAUUSD1981.04
0
 1891.038.94 ▲
5
2.72%
pP+
EURUSD$EURUSD1.0593
8
 1.0640-0.37 ▲
61
3.49%
Copper (HG)@HG3.5420
25
 3.6343-3.64 ▼
23
5.13%
10 Year T-Note (ZN)@ZN106.00
21
 108.01-5.71 ▼
33
3.35%
Oil (CL)@CL88.75
13
 85.811.08 ▲
2
0.58%
BitcoinBTC_X29684.37
0
 27360.374.43 ▲
4
4.09%

Daily reversal levels as of the close on October 20, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.08
9
 12.98-7.61 ▼
63
33.05%
spBuy++
Apple IncAAPL172.88
3
 178.330.38 ▼
1
1.39%
Aegon NVAEG4.65
6
 4.86-1.26 ▼
5
3.13%
Adecoagro SAAGRO10.97
27
 11.23-0.91 ▲
14
1.44%
C3.ai IncAI24.31
6
 26.75-0.11 ▼
54
36.03%
AddSh
Amazon.com IncAMZN125.17
26
 132.170.02 ▼
2
4.14%
AramarkARMK26.33
11
 28.54-4.62 ▲
21
28.61%
AeroVironment IncAVAV116.87
6
 109.475.61 ▲
5
4.49%
Bank of AmericaBAC26.31
8
 27.490.86 ▼
0
0.00%
Sell
Beacon Roofing Supply IncBECN71.19
1
 75.67-4.86 ▼
6
4.39%
Coeur MiningCDE2.61
23
 2.357.44 ▲
7
12.99%
CIENA CorpCIEN41.64
1
 45.58-6.40 ▼
18
9.69%
spBuy
Coinbase GlobalCOIN74.66
16
 78.37-0.56 ▼
5
3.80%
Dollar Tree IncDLTR110.53
9
 114.454.31 ▲
0
0.00%
Sell
Devon EnergyDVN48.32
4
 47.336.03 ▲
5
-0.84%
First Solar IncFSLR150.77
9
 161.04-1.05 ▲
32
16.00%
Greenbrier CompaniesGBX40.97
18
 40.173.06 ▼
7
0.94%
Alphabet IncGOOGL135.60
31
 135.242.56 ▼
12
0.39%
Interactive Brokers GroupIBKR80.19
1
 87.73-5.90 ▼
7
8.30%
IMAX CorpIMAX18.00
1
 18.84-4.55 ▲
7
3.79%
Meta PlatformsMETA308.65
39
 307.442.30 ▼
16
0.41%
NiSource IncNI25.22
3
 25.883.39 ▼
0
0.00%
Sell
Intellia TherapeuticsNTLA26.64
15
 32.15-6.14 ▼
63
36.62%
Ralph LaurenRL115.79
9
 112.971.54 ▲
3
0.39%
Rockwell AutomationROK266.06
5
 292.17-3.48 ▼
2
3.83%
Sanmina CorpSANM50.49
11
 53.71-3.59 ▼
5
4.99%
Shopify IncSHOP51.14
4
 55.41-1.53 ▼
24
13.57%
Tesla Motors IncTSLA211.99
0
 253.67-4.20 ▼
2
6.18%
Uber TechnologiesUBER42.96
40
 45.57-3.53 ▼
5
1.83%
Marriott Vacations WorldwideVAC91.83
32
 98.48-3.48 ▼
61
27.65%

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

The daily reversal levels for more than 3000 stocks and ETF are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.

at No comments:
Labels: , , , ,

Friday, October 20, 2023

Charts Oct 20, 2023

SPX had another ugly down day. We see some negative developments in several of our charts. Not the end of the world, but the continuing bear market scenario is gaining traction and would be firmly back on the table if the early October lows get taken out.

Market situation:

* 143 SPX stocks in bullish mode = big downtick. Falls back below the weekly bullish% and never got above 50%. That's ugly.
* BullsPower at 7, BearsPower at 36. BearsPower keeps the upper hand. Bulls mounted an effort last week, but did not make it.
* 185 stocks with upward MoM (green dashed line). Back below 50%. Ongoing downswing
* The dW is at 4388. A test of the wW at 4208 could be next.
* Note that the number of spBuy signals stays low. It will ramp back up some day and that's when there will be new chances to take. We have to wait.

* BMO is dropping.
* ELC keeps going up from its recent deep low.
* Repellor line is at 4395.

* SPX Rotator turns back down, mainly because the leading green component is weakening. It may only go down for a day or two (see Oct 2022), but that remains to be seen.
* This is a dangerous setup that could lead to further declines.
* Bands are showing no signs of bottoming out.

* SwX turns red - bearish.
* Daily MoM is going down and likely to fall back below zero. We need to wait for a next bottom in this indicator.
* Red trendline is getting tested as expected. Will it hold?

* Icebergs algo has been showing "green mountain" for a week, but never got above +4. It is now disappearing, which means a move to new multi-month lows is a scenario we can't discard yet.
at No comments:
Labels: ,

RL for Oct 20

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Sell signal for FTSE 100 and Australia AOI.
  • Sell signal for AAPL. Failed rally.
  • Speculative Buy signal for AAL.
  • Bearish continuation for SHOP. Can add to short positions.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on October 19, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4278.00
3
 4372.541.18 ▼
1
1.00%
UK - FTSE 100^FTSE7499.53
4
 7619.691.89 ▼
0
0.00%
Sell
Germany - DAX^DAX15045.23
8
 15385.83-1.62 ▼
4
1.14%
Japan - Nikkei^N22531430.62
0
 32299.390.38 ▼
3
1.97%
Australia - AOI^AORD7172.70
8
 7265.701.03 ▼
0
0.00%
Sell
Brazil - BOVESPA^BVSP114004.30
22
 116303.250.28 ▼
1
0.05%
Gold (spot)$XAUUSD1973.70
8
 1882.568.32 ▲
4
2.34%
EURUSD$EURUSD1.0579
7
 1.0643-0.69 ▲
60
3.62%
Copper (HG)@HG3.5915
24
 3.6389-3.39 ▲
22
3.80%
10 Year T-Note (ZN)@ZN105.42
20
 108.11-4.72 ▼
32
3.88%
Oil (CL)@CL89.37
12
 85.600.01 ▲
1
1.28%
BitcoinBTC_X28733.78
8
 27229.562.88 ▲
3
0.76%

Daily reversal levels as of the close on October 19, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.45
8
 13.09-7.11 ▼
62
30.82%
spBuy++
Apple IncAAPL175.46
2
 178.641.58 ▼
0
0.00%
Sell
Aegon NVAEG4.76
5
 4.88-0.26 ▼
4
0.83%
Adecoagro SAAGRO10.83
26
 11.25-1.45 ▲
13
2.70%
C3.ai IncAI25.23
5
 26.840.30 ▲
53
33.61%
Amazon.com IncAMZN128.40
25
 132.480.99 ▼
1
1.66%
AramarkARMK26.42
10
 28.71-6.04 ▲
20
28.36%
AeroVironment IncAVAV117.48
5
 108.854.75 ▲
4
5.03%
Bank of AmericaBAC26.96
7
 26.821.33 ▲
2
-2.11%
Beacon Roofing Supply IncBECN71.14
0
 76.18-4.19 ▼
5
4.46%
Coeur MiningCDE2.59
22
 2.327.02 ▲
6
12.12%
CIENA CorpCIEN42.12
0
 45.79-6.13 ▼
17
8.65%
Coinbase GlobalCOIN73.10
15
 78.55-0.28 ▼
4
5.81%
Dollar Tree IncDLTR113.11
8
 111.784.03 ▲
2
-1.52%
Devon EnergyDVN49.25
3
 47.265.97 ▲
4
1.07%
First Solar IncFSLR151.97
8
 161.62-1.36 ▲
31
15.33%
Greenbrier CompaniesGBX40.63
17
 40.183.52 ▼
6
0.10%
Alphabet IncGOOGL137.75
30
 135.253.61 ▼
11
1.98%
Interactive Brokers GroupIBKR81.20
0
 88.18-4.50 ▼
6
7.15%
IMAX CorpIMAX18.02
0
 18.90-4.74 ▼
6
3.69%
Meta PlatformsMETA312.81
38
 307.523.65 ▼
15
1.77%
NiSource IncNI25.63
2
 25.254.05 ▲
6
-1.04%
Intellia TherapeuticsNTLA27.10
14
 32.43-5.43 ▼
62
35.52%
Ralph LaurenRL117.05
8
 112.670.41 ▲
2
1.48%
Rockwell AutomationROK271.52
4
 293.53-1.23 ▼
1
1.86%
Sanmina CorpSANM51.06
10
 53.87-2.27 ▼
4
3.91%
Shopify IncSHOP51.83
3
 55.63-1.09 ▼
23
12.40%
AddSh
Tesla Motors IncTSLA220.11
6
 257.49-2.17 ▼
1
2.58%
Uber TechnologiesUBER42.72
39
 45.80-2.77 ▼
4
2.38%
Marriott Vacations WorldwideVAC91.17
31
 98.98-2.90 ▼
60
28.17%

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

The daily reversal levels for more than 3000 stocks and ETF are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.

at No comments:
Labels: , , , ,

Thursday, October 19, 2023

RL for Oct 19

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for Oil.
  • Sell signal for S&P 500. Failed rally.
  • Sell signal for Brazil Bovespa.
  • Speculative Buy signal for AAL.
  • Sell signals for AMZN, ROK and TSLA.

  • Hover or tap on an item in the Action column to see strategic advice for the stock.
  • Hover or tap in the "Days" column to see the start date and price for current position.
  • Hover or tap in the weekly trend ("Tr") column to see the weekly reversal level.

Daily reversal levels as of the close on October 18, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4314.60
3
 4374.902.03 ▼
0
0.00%
Sell
UK - FTSE 100^FTSE7588.00
4
 7541.482.56 ▲
6
-0.53%
Germany - DAX^DAX15094.91
8
 15405.68-0.84 ▼
3
0.82%
Japan - Nikkei^N22532042.25
0
 32318.510.66 ▲
2
0.07%
Australia - AOI^AORD7265.70
8
 7208.551.31 ▲
5
-0.21%
Brazil - BOVESPA^BVSP114059.64
22
 116434.930.93 ▼
0
0.00%
Sell
Gold (spot)$XAUUSD1947.69
8
 1875.956.96 ▲
3
0.99%
EURUSD$EURUSD1.0535
7
 1.0645-0.88 ▲
59
4.02%
Copper (HG)@HG3.5820
24
 3.6440-3.57 ▲▲
21
4.06%
dBuy
10 Year T-Note (ZN)@ZN105.88
20
 108.22-3.25 ▼
31
3.46%
Oil (CL)@CL88.32
12
 85.52-1.24 ▲
0
0.00%
Buy
BitcoinBTC_X28328.07
8
 27135.041.80 ▲
2
-0.67%

Daily reversal levels as of the close on October 18, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.36
8
 13.16-6.87 ▼
61
31.36%
spBuy++
Apple IncAAPL175.84
2
 175.502.43 ▼
7
-1.27%
Aegon NVAEG4.77
5
 4.880.04 ▼
3
0.63%
Adecoagro SAAGRO11.18
26
 11.25-2.25 ▲
12
-0.45%
C3.ai IncAI25.73
5
 26.890.29 ▲
52
32.29%
Amazon.com IncAMZN128.13
25
 132.501.34 ▼
0
0.00%
Sell
AramarkARMK26.73
10
 28.88-7.82 ▲
19
27.52%
AeroVironment IncAVAV116.24
5
 108.313.50 ▲
3
3.92%
Bank of AmericaBAC27.31
7
 26.810.83 ▲
1
-0.84%
Beacon Roofing Supply IncBECN72.51
0
 76.59-3.44 ▼
4
2.62%
Coeur MiningCDE2.66
22
 2.306.40 ▲
5
15.15%
CIENA CorpCIEN42.42
0
 46.00-6.02 ▲
16
8.00%
Coinbase GlobalCOIN73.93
15
 78.800.16 ▼
3
4.74%
Dollar Tree IncDLTR113.75
8
 111.742.76 ▲
1
-0.97%
Devon EnergyDVN50.08
3
 47.154.87 ▲
3
2.77%
First Solar IncFSLR153.13
8
 162.06-2.03 ▲
30
14.69%
Greenbrier CompaniesGBX41.23
17
 40.153.72 ▲
5
1.58%
Alphabet IncGOOGL137.96
30
 135.024.28 ▼
10
2.14%
Interactive Brokers GroupIBKR82.89
0
 88.54-3.42 ▼
5
5.21%
IMAX CorpIMAX17.88
0
 18.96-4.63 ▼
5
4.44%
Meta PlatformsMETA316.97
38
 307.164.66 ▼
14
3.12%
NiSource IncNI25.98
2
 25.223.88 ▲
5
0.31%
Intellia TherapeuticsNTLA27.96
14
 32.68-4.97 ▼
61
33.48%
Ralph LaurenRL116.31
8
 112.29-1.11 ▲
1
0.84%
Rockwell AutomationROK275.57
4
 294.590.85 ▼
0
0.00%
Sell
Sanmina CorpSANM51.99
10
 53.99-1.05 ▼
3
2.16%
Shopify IncSHOP52.84
3
 55.81-0.91 ▲
22
10.70%
Tesla Motors IncTSLA242.68
6
 259.16-0.22 ▼
0
0.00%
Sell
Uber TechnologiesUBER43.00
39
 46.07-1.79 ▼
3
1.74%
Marriott Vacations WorldwideVAC93.84
31
 99.40-2.36 ▼
59
26.07%

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks, not a recommendation to invest in any of those companies.

The daily reversal levels for more than 3000 stocks and ETF are available by monthly subscription.
Comes with full instructions and strategies for using the reversal levels and the MoM indicator in your own trading. Give it a try.

at No comments:
Labels: , , , ,
Subscribe to: Posts (Atom)