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
4Has been in Bearish trend for 4 weeks.
Weekly RevL: 4431.36
4366.27-0.40 ▼
2Sold on 19-Oct-2023
Sell price: 4321.36
2.25%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
UK - FTSE 100^FTSE7402.14
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 7652.55
7609.890.37 ▼
1Sold on 20-Oct-2023
Sell price: 7499.53
1.30%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Germany - DAX^DAX14798.47
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 15866.85
15364.12-3.05 ▼
5Sold on 16-Oct-2023
Sell price: 15219.42
2.77%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Japan - Nikkei^N22531259.36
1Has been in Bullish trend for 1 weeks.
Weekly RevL: 31129.97
32240.00-0.52 ▼
4Sold on 17-Oct-2023
Sell price: 32063.79
2.51%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Australia - AOI^AORD7089.70
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 7416.23
7258.38-0.23 ▼
1Sold on 20-Oct-2023
Sell price: 7172.70
1.16%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Brazil - BOVESPA^BVSP113155.28
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 117247.70
116104.81-0.74 ▼
2Sold on 19-Oct-2023
Sell price: 114059.49
0.79%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Gold (spot)$XAUUSD1981.04
0Has been in Bullish trend for 0 weeks.
Weekly RevL: 1887.37
1891.038.94 ▲
5Bought on 16-Oct-2023
Buy price: 1928.59
2.72%
pP+Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
EURUSD$EURUSD1.0593
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 1.0786
1.0640-0.37 ▲
61Sold on 28-Jul-2023
Sell price: 1.0976
3.49%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Copper (HG)@HG3.5420
25Has been in Bearish trend for 25 weeks.
Weekly RevL: 3.8030
3.6343-3.64 ▼
23Sold on 20-Sep-2023
Sell price: 3.7335
5.13%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
10 Year T-Note (ZN)@ZN106.00
21Has been in Bearish trend for 21 weeks.
Weekly RevL: 110.72
108.01-5.71 ▼
33Sold on 06-Sep-2023
Sell price: 109.67
3.35%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Oil (CL)@CL88.75
13Has been in Bullish trend for 13 weeks.
Weekly RevL: 80.71
85.811.08 ▲
2Bought on 19-Oct-2023
Buy price: 88.24
0.58%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
BitcoinBTC_X29684.37
0Has been in Bullish trend for 0 weeks.
Weekly RevL: 26320.50
27360.374.43 ▲
4Bought on 17-Oct-2023
Buy price: 28518.37
4.09%
Partial profits +. Very good chance to take some money off the table. Can also be used for shorting with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.

Daily reversal levels as of the close on October 20, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.08
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 14.91
12.98-7.61 ▼
63Sold on 25-Jul-2023
Sell price: 16.55
33.05%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Apple IncAAPL172.88
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 180.68
178.330.38 ▼
1Sold on 20-Oct-2023
Sell price: 175.31
1.39%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Aegon NVAEG4.65
6Has been in Bearish trend for 6 weeks.
Weekly RevL: 5.07
4.86-1.26 ▼
5Sold on 16-Oct-2023
Sell price: 4.80
3.13%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Adecoagro SAAGRO10.97
27Has been in Bullish trend for 27 weeks.
Weekly RevL: 10.10
11.23-0.91 ▲
14Sold on 03-Oct-2023
Sell price: 11.13
1.44%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
C3.ai IncAI24.31
6Has been in Bearish trend for 6 weeks.
Weekly RevL: 31.24
26.75-0.11 ▼
54Sold on 07-Aug-2023
Sell price: 38.00
36.03%
AddShBearish continuation. Can be used to add to short positions.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Amazon.com IncAMZN125.17
26Has been in Bullish trend for 26 weeks.
Weekly RevL: 122.65
132.170.02 ▼
2Sold on 19-Oct-2023
Sell price: 130.57
4.14%
Bearish continuation. Can be used to add to short positions.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
AramarkARMK26.33
11Has been in Bearish trend for 11 weeks.
Weekly RevL: 37.55
28.54-4.62 ▲
21Sold on 22-Sep-2023
Sell price: 36.88
28.61%
Bearish continuation. Can be used to add to short positions.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
AeroVironment IncAVAV116.87
6Has been in Bullish trend for 6 weeks.
Weekly RevL: 100.44
109.475.61 ▲
5Bought on 16-Oct-2023
Buy price: 111.85
4.49%
Bearish continuation. Can be used to add to short positions.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Bank of AmericaBAC26.31
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 29.60
27.490.86 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Beacon Roofing Supply IncBECN71.19
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 78.90
75.67-4.86 ▼
6Sold on 13-Oct-2023
Sell price: 74.46
4.39%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Coeur MiningCDE2.61
23Has been in Bearish trend for 23 weeks.
Weekly RevL: 2.74
2.357.44 ▲
7Bought on 12-Oct-2023
Buy price: 2.31
12.99%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
CIENA CorpCIEN41.64
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 46.42
45.58-6.40 ▼
18Sold on 27-Sep-2023
Sell price: 46.11
9.69%
spBuySpeculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Coinbase GlobalCOIN74.66
16Has been in Bullish trend for 16 weeks.
Weekly RevL: 70.66
78.37-0.56 ▼
5Sold on 16-Oct-2023
Sell price: 77.61
3.80%
Speculative Buy. Good potential for a short term bounce. Can be used with QuickTarget.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Dollar Tree IncDLTR110.53
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 123.06
114.454.31 ▲
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Devon EnergyDVN48.32
4Has been in Bearish trend for 4 weeks.
Weekly RevL: 51.22
47.336.03 ▲
5Bought on 16-Oct-2023
Buy price: 48.73
-0.84%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
First Solar IncFSLR150.77
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 182.44
161.04-1.05 ▲
32Sold on 07-Sep-2023
Sell price: 179.49
16.00%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Greenbrier CompaniesGBX40.97
18Has been in Bullish trend for 18 weeks.
Weekly RevL: 38.40
40.173.06 ▼
7Bought on 12-Oct-2023
Buy price: 40.59
0.94%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Alphabet IncGOOGL135.60
31Has been in Bullish trend for 31 weeks.
Weekly RevL: 124.70
135.242.56 ▼
12Bought on 05-Oct-2023
Buy price: 135.07
0.39%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Interactive Brokers GroupIBKR80.19
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 89.29
87.73-5.90 ▼
7Sold on 12-Oct-2023
Sell price: 87.45
8.30%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
IMAX CorpIMAX18.00
1Has been in Bearish trend for 1 weeks.
Weekly RevL: 19.27
18.84-4.55 ▲
7Sold on 12-Oct-2023
Sell price: 18.71
3.79%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Meta PlatformsMETA308.65
39Has been in Bullish trend for 39 weeks.
Weekly RevL: 247.22
307.442.30 ▼
16Bought on 29-Sep-2023
Buy price: 307.38
0.41%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
NiSource IncNI25.22
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 26.95
25.883.39 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Intellia TherapeuticsNTLA26.64
15Has been in Bearish trend for 15 weeks.
Weekly RevL: 37.93
32.15-6.14 ▼
63Sold on 25-Jul-2023
Sell price: 42.03
36.62%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Ralph LaurenRL115.79
9Has been in Bearish trend for 9 weeks.
Weekly RevL: 120.31
112.971.54 ▲
3Bought on 18-Oct-2023
Buy price: 115.34
0.39%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Rockwell AutomationROK266.06
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 305.78
292.17-3.48 ▼
2Sold on 19-Oct-2023
Sell price: 276.67
3.83%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Sanmina CorpSANM50.49
11Has been in Bearish trend for 11 weeks.
Weekly RevL: 56.30
53.71-3.59 ▼
5Sold on 16-Oct-2023
Sell price: 53.14
4.99%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Shopify IncSHOP51.14
4Has been in Bearish trend for 4 weeks.
Weekly RevL: 61.26
55.41-1.53 ▼
24Sold on 19-Sep-2023
Sell price: 59.17
13.57%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Tesla Motors IncTSLA211.99
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 254.43
253.67-4.20 ▼
2Sold on 19-Oct-2023
Sell price: 225.95
6.18%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Uber TechnologiesUBER42.96
40Has been in Bullish trend for 40 weeks.
Weekly RevL: 42.01
45.57-3.53 ▼
5Sold on 16-Oct-2023
Sell price: 43.76
1.83%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Marriott Vacations WorldwideVAC91.83
32Has been in Bearish trend for 32 weeks.
Weekly RevL: 115.19
98.48-3.48 ▼
61Sold on 27-Jul-2023
Sell price: 126.93
27.65%
Mode turns bearish. Sell at next Open.Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.

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.

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.

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
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 4433.57
4372.541.18 ▼
1Sold on 19-Oct-2023
Sell price: 4321.36
1.00%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
UK - FTSE 100^FTSE7499.53
4Has been in Bullish trend for 4 weeks.
Weekly RevL: 7452.75
7619.691.89 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Germany - DAX^DAX15045.23
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 15922.02
15385.83-1.62 ▼
4Sold on 16-Oct-2023
Sell price: 15219.42
1.14%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Japan - Nikkei^N22531430.62
0Has been in Bullish trend for 0 weeks.
Weekly RevL: 31133.05
32299.390.38 ▼
3Sold on 17-Oct-2023
Sell price: 32063.79
1.97%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Australia - AOI^AORD7172.70
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 7436.71
7265.701.03 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Brazil - BOVESPA^BVSP114004.30
22Has been in Bullish trend for 22 weeks.
Weekly RevL: 113473.13
116303.250.28 ▼
1Sold on 19-Oct-2023
Sell price: 114059.49
0.05%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Gold (spot)$XAUUSD1973.70
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 1935.52
1882.568.32 ▲
4Bought on 16-Oct-2023
Buy price: 1928.59
2.34%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
EURUSD$EURUSD1.0579
7Has been in Bearish trend for 7 weeks.
Weekly RevL: 1.0811
1.0643-0.69 ▲
60Sold on 28-Jul-2023
Sell price: 1.0976
3.62%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Copper (HG)@HG3.5915
24Has been in Bearish trend for 24 weeks.
Weekly RevL: 3.8258
3.6389-3.39 ▲
22Sold on 20-Sep-2023
Sell price: 3.7335
3.80%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
10 Year T-Note (ZN)@ZN105.42
20Has been in Bearish trend for 20 weeks.
Weekly RevL: 110.99
108.11-4.72 ▼
32Sold on 06-Sep-2023
Sell price: 109.67
3.88%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Oil (CL)@CL89.37
12Has been in Bullish trend for 12 weeks.
Weekly RevL: 80.21
85.600.01 ▲
1Bought on 19-Oct-2023
Buy price: 88.24
1.28%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
BitcoinBTC_X28733.78
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 28123.16
27229.562.88 ▲
3Bought on 17-Oct-2023
Buy price: 28518.37
0.76%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.

Daily reversal levels as of the close on October 19, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.45
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 15.18
13.09-7.11 ▼
62Sold on 25-Jul-2023
Sell price: 16.55
30.82%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.Bearish continuation. Can be used to add to short positions.
Apple IncAAPL175.46
2Has been in Bearish trend for 2 weeks.
Weekly RevL: 180.79
178.641.58 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Aegon NVAEG4.76
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 5.09
4.88-0.26 ▼
4Sold on 16-Oct-2023
Sell price: 4.80
0.83%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Adecoagro SAAGRO10.83
26Has been in Bullish trend for 26 weeks.
Weekly RevL: 10.05
11.25-1.45 ▲
13Sold on 03-Oct-2023
Sell price: 11.13
2.70%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
C3.ai IncAI25.23
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 31.72
26.840.30 ▲
53Sold on 07-Aug-2023
Sell price: 38.00
33.61%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Amazon.com IncAMZN128.40
25Has been in Bullish trend for 25 weeks.
Weekly RevL: 122.52
132.480.99 ▼
1Sold on 19-Oct-2023
Sell price: 130.57
1.66%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
AramarkARMK26.42
10Has been in Bearish trend for 10 weeks.
Weekly RevL: 38.37
28.71-6.04 ▲
20Sold on 22-Sep-2023
Sell price: 36.88
28.36%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
AeroVironment IncAVAV117.48
5Has been in Bullish trend for 5 weeks.
Weekly RevL: 99.28
108.854.75 ▲
4Bought on 16-Oct-2023
Buy price: 111.85
5.03%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Bank of AmericaBAC26.96
7Has been in Bearish trend for 7 weeks.
Weekly RevL: 29.73
26.821.33 ▲
2Bought on 18-Oct-2023
Buy price: 27.54
-2.11%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Beacon Roofing Supply IncBECN71.14
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 79.24
76.18-4.19 ▼
5Sold on 13-Oct-2023
Sell price: 74.46
4.46%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Coeur MiningCDE2.59
22Has been in Bearish trend for 22 weeks.
Weekly RevL: 2.74
2.327.02 ▲
6Bought on 12-Oct-2023
Buy price: 2.31
12.12%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
CIENA CorpCIEN42.12
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 46.62
45.79-6.13 ▼
17Sold on 27-Sep-2023
Sell price: 46.11
8.65%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Coinbase GlobalCOIN73.10
15Has been in Bullish trend for 15 weeks.
Weekly RevL: 70.45
78.55-0.28 ▼
4Sold on 16-Oct-2023
Sell price: 77.61
5.81%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Dollar Tree IncDLTR113.11
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 124.28
111.784.03 ▲
2Bought on 18-Oct-2023
Buy price: 114.86
-1.52%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Devon EnergyDVN49.25
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 51.27
47.265.97 ▲
4Bought on 16-Oct-2023
Buy price: 48.73
1.07%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
First Solar IncFSLR151.97
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 185.83
161.62-1.36 ▲
31Sold on 07-Sep-2023
Sell price: 179.49
15.33%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Greenbrier CompaniesGBX40.63
17Has been in Bullish trend for 17 weeks.
Weekly RevL: 38.23
40.183.52 ▼
6Bought on 12-Oct-2023
Buy price: 40.59
0.10%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Alphabet IncGOOGL137.75
30Has been in Bullish trend for 30 weeks.
Weekly RevL: 123.55
135.253.61 ▼
11Bought on 05-Oct-2023
Buy price: 135.07
1.98%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Interactive Brokers GroupIBKR81.20
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 89.45
88.18-4.50 ▼
6Sold on 12-Oct-2023
Sell price: 87.45
7.15%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
IMAX CorpIMAX18.02
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 19.36
18.90-4.74 ▼
6Sold on 12-Oct-2023
Sell price: 18.71
3.69%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Meta PlatformsMETA312.81
38Has been in Bullish trend for 38 weeks.
Weekly RevL: 244.40
307.523.65 ▼
15Bought on 29-Sep-2023
Buy price: 307.38
1.77%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
NiSource IncNI25.63
2Has been in Bearish trend for 2 weeks.
Weekly RevL: 27.05
25.254.05 ▲
6Bought on 12-Oct-2023
Buy price: 25.90
-1.04%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Intellia TherapeuticsNTLA27.10
14Has been in Bearish trend for 14 weeks.
Weekly RevL: 38.71
32.43-5.43 ▼
62Sold on 25-Jul-2023
Sell price: 42.03
35.52%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Ralph LaurenRL117.05
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 120.47
112.670.41 ▲
2Bought on 18-Oct-2023
Buy price: 115.34
1.48%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Rockwell AutomationROK271.52
4Has been in Bearish trend for 4 weeks.
Weekly RevL: 306.83
293.53-1.23 ▼
1Sold on 19-Oct-2023
Sell price: 276.67
1.86%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Sanmina CorpSANM51.06
10Has been in Bearish trend for 10 weeks.
Weekly RevL: 56.58
53.87-2.27 ▼
4Sold on 16-Oct-2023
Sell price: 53.14
3.91%
Mode turns bearish. Sell at next Open.Bearish continuation. Can be used to add to short positions.
Shopify IncSHOP51.83
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 61.58
55.63-1.09 ▼
23Sold on 19-Sep-2023
Sell price: 59.17
12.40%
AddShBearish continuation. Can be used to add to short positions.Bearish continuation. Can be used to add to short positions.
Tesla Motors IncTSLA220.11
6Has been in Bullish trend for 6 weeks.
Weekly RevL: 230.67
257.49-2.17 ▼
1Sold on 19-Oct-2023
Sell price: 225.95
2.58%
Bearish continuation. Can be used to add to short positions.Bearish continuation. Can be used to add to short positions.
Uber TechnologiesUBER42.72
39Has been in Bullish trend for 39 weeks.
Weekly RevL: 42.00
45.80-2.77 ▼
4Sold on 16-Oct-2023
Sell price: 43.76
2.38%
Bearish continuation. Can be used to add to short positions.Bearish continuation. Can be used to add to short positions.
Marriott Vacations WorldwideVAC91.17
31Has been in Bearish trend for 31 weeks.
Weekly RevL: 116.94
98.98-2.90 ▼
60Sold on 27-Jul-2023
Sell price: 126.93
28.17%
Bearish continuation. Can be used to add to short positions.Bearish continuation. Can be used to add to short positions.

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.

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
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 4433.57
4374.902.03 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
UK - FTSE 100^FTSE7588.00
4Has been in Bullish trend for 4 weeks.
Weekly RevL: 7452.75
7541.482.56 ▲
6Bought on 11-Oct-2023
Buy price: 7628.21
-0.53%
Mode turns bearish. Sell at next Open.
Germany - DAX^DAX15094.91
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 15922.02
15405.68-0.84 ▼
3Sold on 16-Oct-2023
Sell price: 15219.42
0.82%
Mode turns bearish. Sell at next Open.
Japan - Nikkei^N22532042.25
0Has been in Bullish trend for 0 weeks.
Weekly RevL: 31133.05
32318.510.66 ▲
2Sold on 17-Oct-2023
Sell price: 32063.79
0.07%
Mode turns bearish. Sell at next Open.
Australia - AOI^AORD7265.70
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 7436.71
7208.551.31 ▲
5Bought on 12-Oct-2023
Buy price: 7281.30
-0.21%
Mode turns bearish. Sell at next Open.
Brazil - BOVESPA^BVSP114059.64
22Has been in Bullish trend for 22 weeks.
Weekly RevL: 113473.13
116434.930.93 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Gold (spot)$XAUUSD1947.69
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 1935.52
1875.956.96 ▲
3Bought on 16-Oct-2023
Buy price: 1928.59
0.99%
Mode turns bearish. Sell at next Open.
EURUSD$EURUSD1.0535
7Has been in Bearish trend for 7 weeks.
Weekly RevL: 1.0811
1.0645-0.88 ▲
59Sold on 28-Jul-2023
Sell price: 1.0976
4.02%
Mode turns bearish. Sell at next Open.
Copper (HG)@HG3.5820
24Has been in Bearish trend for 24 weeks.
Weekly RevL: 3.8258
3.6440-3.57 ▲▲
21Sold on 20-Sep-2023
Sell price: 3.7335
4.06%
dBuyBullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
10 Year T-Note (ZN)@ZN105.88
20Has been in Bearish trend for 20 weeks.
Weekly RevL: 110.99
108.22-3.25 ▼
31Sold on 06-Sep-2023
Sell price: 109.67
3.46%
Bullish divergence. MoM indicates increasing upside potential. Can be used as a speculative early Buy.
Oil (CL)@CL88.32
12Has been in Bullish trend for 12 weeks.
Weekly RevL: 80.21
85.52-1.24 ▲
0Buy at next Open
0.00%
BuyMode turns bullish. Buy at next Open or put in a limit order to buy on weakness.
BitcoinBTC_X28328.07
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 28123.16
27135.041.80 ▲
2Bought on 17-Oct-2023
Buy price: 28518.37
-0.67%
Mode turns bullish. Buy at next Open or put in a limit order to buy on weakness.

Daily reversal levels as of the close on October 18, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.36
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 15.18
13.16-6.87 ▼
61Sold on 25-Jul-2023
Sell price: 16.55
31.36%
spBuy++Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Apple IncAAPL175.84
2Has been in Bearish trend for 2 weeks.
Weekly RevL: 180.79
175.502.43 ▼
7Bought on 10-Oct-2023
Buy price: 178.10
-1.27%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Aegon NVAEG4.77
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 5.09
4.880.04 ▼
3Sold on 16-Oct-2023
Sell price: 4.80
0.63%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Adecoagro SAAGRO11.18
26Has been in Bullish trend for 26 weeks.
Weekly RevL: 10.05
11.25-2.25 ▲
12Sold on 03-Oct-2023
Sell price: 11.13
-0.45%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
C3.ai IncAI25.73
5Has been in Bearish trend for 5 weeks.
Weekly RevL: 31.72
26.890.29 ▲
52Sold on 07-Aug-2023
Sell price: 38.00
32.29%
Speculative Buy ++. Very good potential for a short and medium term bounce. Can be used with QuickTarget.
Amazon.com IncAMZN128.13
25Has been in Bullish trend for 25 weeks.
Weekly RevL: 122.52
132.501.34 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
AramarkARMK26.73
10Has been in Bearish trend for 10 weeks.
Weekly RevL: 38.37
28.88-7.82 ▲
19Sold on 22-Sep-2023
Sell price: 36.88
27.52%
Mode turns bearish. Sell at next Open.
AeroVironment IncAVAV116.24
5Has been in Bullish trend for 5 weeks.
Weekly RevL: 99.28
108.313.50 ▲
3Bought on 16-Oct-2023
Buy price: 111.85
3.92%
Mode turns bearish. Sell at next Open.
Bank of AmericaBAC27.31
7Has been in Bearish trend for 7 weeks.
Weekly RevL: 29.73
26.810.83 ▲
1Bought on 18-Oct-2023
Buy price: 27.54
-0.84%
Mode turns bearish. Sell at next Open.
Beacon Roofing Supply IncBECN72.51
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 79.24
76.59-3.44 ▼
4Sold on 13-Oct-2023
Sell price: 74.46
2.62%
Mode turns bearish. Sell at next Open.
Coeur MiningCDE2.66
22Has been in Bearish trend for 22 weeks.
Weekly RevL: 2.74
2.306.40 ▲
5Bought on 12-Oct-2023
Buy price: 2.31
15.15%
Mode turns bearish. Sell at next Open.
CIENA CorpCIEN42.42
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 46.62
46.00-6.02 ▲
16Sold on 27-Sep-2023
Sell price: 46.11
8.00%
Mode turns bearish. Sell at next Open.
Coinbase GlobalCOIN73.93
15Has been in Bullish trend for 15 weeks.
Weekly RevL: 70.45
78.800.16 ▼
3Sold on 16-Oct-2023
Sell price: 77.61
4.74%
Mode turns bearish. Sell at next Open.
Dollar Tree IncDLTR113.75
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 124.28
111.742.76 ▲
1Bought on 18-Oct-2023
Buy price: 114.86
-0.97%
Mode turns bearish. Sell at next Open.
Devon EnergyDVN50.08
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 51.27
47.154.87 ▲
3Bought on 16-Oct-2023
Buy price: 48.73
2.77%
Mode turns bearish. Sell at next Open.
First Solar IncFSLR153.13
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 185.83
162.06-2.03 ▲
30Sold on 07-Sep-2023
Sell price: 179.49
14.69%
Mode turns bearish. Sell at next Open.
Greenbrier CompaniesGBX41.23
17Has been in Bullish trend for 17 weeks.
Weekly RevL: 38.23
40.153.72 ▲
5Bought on 12-Oct-2023
Buy price: 40.59
1.58%
Mode turns bearish. Sell at next Open.
Alphabet IncGOOGL137.96
30Has been in Bullish trend for 30 weeks.
Weekly RevL: 123.55
135.024.28 ▼
10Bought on 05-Oct-2023
Buy price: 135.07
2.14%
Mode turns bearish. Sell at next Open.
Interactive Brokers GroupIBKR82.89
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 89.45
88.54-3.42 ▼
5Sold on 12-Oct-2023
Sell price: 87.45
5.21%
Mode turns bearish. Sell at next Open.
IMAX CorpIMAX17.88
0Has been in Bearish trend for 0 weeks.
Weekly RevL: 19.36
18.96-4.63 ▼
5Sold on 12-Oct-2023
Sell price: 18.71
4.44%
Mode turns bearish. Sell at next Open.
Meta PlatformsMETA316.97
38Has been in Bullish trend for 38 weeks.
Weekly RevL: 244.40
307.164.66 ▼
14Bought on 29-Sep-2023
Buy price: 307.38
3.12%
Mode turns bearish. Sell at next Open.
NiSource IncNI25.98
2Has been in Bearish trend for 2 weeks.
Weekly RevL: 27.05
25.223.88 ▲
5Bought on 12-Oct-2023
Buy price: 25.90
0.31%
Mode turns bearish. Sell at next Open.
Intellia TherapeuticsNTLA27.96
14Has been in Bearish trend for 14 weeks.
Weekly RevL: 38.71
32.68-4.97 ▼
61Sold on 25-Jul-2023
Sell price: 42.03
33.48%
Mode turns bearish. Sell at next Open.
Ralph LaurenRL116.31
8Has been in Bearish trend for 8 weeks.
Weekly RevL: 120.47
112.29-1.11 ▲
1Bought on 18-Oct-2023
Buy price: 115.34
0.84%
Mode turns bearish. Sell at next Open.
Rockwell AutomationROK275.57
4Has been in Bearish trend for 4 weeks.
Weekly RevL: 306.83
294.590.85 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Sanmina CorpSANM51.99
10Has been in Bearish trend for 10 weeks.
Weekly RevL: 56.58
53.99-1.05 ▼
3Sold on 16-Oct-2023
Sell price: 53.14
2.16%
Mode turns bearish. Sell at next Open.
Shopify IncSHOP52.84
3Has been in Bearish trend for 3 weeks.
Weekly RevL: 61.58
55.81-0.91 ▲
22Sold on 19-Sep-2023
Sell price: 59.17
10.70%
Mode turns bearish. Sell at next Open.
Tesla Motors IncTSLA242.68
6Has been in Bullish trend for 6 weeks.
Weekly RevL: 230.67
259.16-0.22 ▼
0Sell at next Open
0.00%
SellMode turns bearish. Sell at next Open.
Uber TechnologiesUBER43.00
39Has been in Bullish trend for 39 weeks.
Weekly RevL: 42.00
46.07-1.79 ▼
3Sold on 16-Oct-2023
Sell price: 43.76
1.74%
Mode turns bearish. Sell at next Open.
Marriott Vacations WorldwideVAC93.84
31Has been in Bearish trend for 31 weeks.
Weekly RevL: 116.94
99.40-2.36 ▼
59Sold on 27-Jul-2023
Sell price: 126.93
26.07%
Mode turns bearish. Sell at next Open.

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.