Saturday, October 28, 2023

RL for Oct 30

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Buy signal for Copper.
  • Partial profits signal for Gold.
  • Speculative Buy signals for AAL, BECN, CIEN, IBKR, NTLA and VAC.
  • Sell signal for COIN.

  • 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 27, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4117.37
5
4318.38-7.31 ▼
7
4.72%
UK - FTSE 100^FTSE7291.28
1
7531.95-5.95 ▼
6
2.78%
Germany - DAX^DAX14687.41
10
15221.01-6.87 ▼
10
3.50%
Japan - Nikkei^N22530991.69
0
31919.79-5.22 ▼
9
3.34%
Australia - AOI^AORD7014.20
10
7186.70-6.91 ▼
6
2.21%
Brazil - BOVESPA^BVSP113301.35
1
115533.62-2.69 ▲
7
0.66%
Gold (spot)$XAUUSD2006.08
1
1919.799.04 ▼
10
4.02%
pP+
EURUSD$EURUSD1.0564
9
1.06350.40 ▼
2
0.04%
Copper (HG)@HG3.6340
26
3.5804-1.37 ▲
0
0.00%
Buy
10 Year T-Note (ZN)@ZN106.42
22
107.65-4.31 ▲
38
2.96%
Oil (CL)@CL85.54
14
87.79-1.30 ▼
4
0.71%
BitcoinBTC_X33907.70
1
29951.9510.00 ▲
11
18.90%

Daily reversal levels as of the close on October 27, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL10.92
10
12.45-7.70 ▲
68
34.02%
spBuy++
Apple IncAAPL168.22
4
175.76-4.75 ▼
6
4.04%
Aegon NVAEG4.71
7
4.82-3.12 ▲
10
1.88%
Adecoagro SAAGRO10.80
28
11.14-0.68 ▼
19
2.96%
C3.ai IncAI24.85
7
26.54-0.61 ▼
59
34.61%
Amazon.com IncAMZN127.74
27
130.57-3.71 ▼
7
2.17%
AramarkARMK26.67
12
27.90-1.10 ▲
26
27.68%
AeroVironment IncAVAV113.93
7
111.744.78 ▼
10
1.86%
Bank of AmericaBAC25.17
9
27.02-4.73 ▼
5
3.67%
Beacon Roofing Supply IncBECN69.48
2
73.54-6.18 ▲
11
6.69%
spBuy
Coeur MiningCDE2.55
24
2.393.06 ▼
12
10.39%
CIENA CorpCIEN41.02
2
44.51-7.11 ▲
23
11.04%
spBuy+
Coinbase GlobalCOIN70.78
17
79.620.35 ▼
0
0.00%
Sell
Dollar Tree IncDLTR108.24
10
113.40-0.76 ▼
5
2.01%
Devon EnergyDVN46.77
5
48.350.39 ▼
1
0.87%
First Solar IncFSLR143.26
10
158.74-0.88 ▼
37
20.18%
Greenbrier CompaniesGBX33.03
0
39.77-7.52 ▼
2
1.26%
Alphabet IncGOOGL122.17
0
135.87-6.45 ▼
2
0.89%
Interactive Brokers GroupIBKR79.23
2
85.58-8.26 ▲
12
9.40%
spBuy
IMAX CorpIMAX17.94
2
18.78-1.59 ▲
12
4.12%
Meta PlatformsMETA296.73
40
313.65-3.64 ▼
2
-0.59%
NiSource IncNI25.15
4
25.75-0.45 ▼
5
-1.04%
Intellia TherapeuticsNTLA23.16
16
30.46-8.38 ▼
68
44.90%
spBuy+
Ralph LaurenRL109.82
10
115.760.81 ▼
1
3.38%
Rockwell AutomationROK262.00
6
285.02-8.32 ▼
7
5.30%
Sanmina CorpSANM50.74
12
52.88-5.78 ▲
10
4.52%
Shopify IncSHOP46.40
5
53.95-4.86 ▼
29
21.58%
Tesla Motors IncTSLA207.30
1
238.29-8.28 ▼
7
8.25%
Uber TechnologiesUBER41.23
0
44.63-4.73 ▼
10
5.78%
Marriott Vacations WorldwideVAC87.08
33
95.93-6.35 ▼
66
31.40%
spBuy++

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 27, 2023

Charts Oct 27, 2023

SPX dropped to 4137. A few indicators are turning up, or deep in their bottom zone. It could be enough to turn the index up for a bit of rally, but I can't guarantee.

Market situation:

* 83 SPX stocks in bullish mode = another uptick, but stays below 20%.
* BullsPower at 5, BearsPower at 41.
* 137 stocks with upward MoM (green dashed line). Back above 100. This is usually a first sign that a rebound rally is setting up.
* The dW is at 4349 and rapidly declining towards the wW.
* It would take a 75 point jump today to close the week above the wW. You can see how quickly things deteriorate since the wW was broken.

* BMO is in the -2 bottom zone, but not turning up yet.
* ELC is going down and may fall below its early Oct low.
* BUD stays weak.

* SPX Rotator goes down, with both components declining.
* Bands are in an accelerating decline.
* The only positive is that this latest swing stays within the Bands, but that could already change today.

* SwX is red - bearish.
* Daily MoM keeps going down. You can see there was no fun to be had since it topped out in the -3 to +3 neutral zone.
* The blue channel is becoming hard to defend. Which means we may need to start considering the steeper light green channel.
* But the 4140 area has been tough resistance in April-May, and also in February. So I would expect some serious support at this level. If not then all bets will be off.

* Icebergs algo update. All green mountain has disappeared, leaving a weak "island". That's bearish unless green mountain reappears soon.
* The sky stays cold (blue) and the situation is dead in the water.
* An article (in need of another update) explaining the Icebergs charts is here: https://lunatictrader.com/2017/08/04/icebergs-3/

RL for Oct 27

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Bullish divergence for Brazil Bovespa.
  • Partial profits signal for Gold.
  • Speculative Buy signal for AAL, BECN, CIEN, NTLA and VAC.
  • Sell signal for DVN and RL.
  • Bullish divergence for AEG and AGRO.

  • 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 26, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4137.23
4
4332.33-6.00 ▼
6
4.26%
UK - FTSE 100^FTSE7354.57
0
7548.63-5.10 ▼
5
1.93%
Germany - DAX^DAX14731.05
9
15252.07-6.50 ▼
9
3.21%
Japan - Nikkei^N22530601.78
1
31994.73-4.80 ▼
8
4.56%
Australia - AOI^AORD7001.10
9
7202.72-6.28 ▼
5
2.39%
Brazil - BOVESPA^BVSP114776.86
0
115553.91-2.92 ▲▲
6
-0.63%
dBuy
Gold (spot)$XAUUSD1984.82
0
1914.199.12 ▼
9
2.92%
pP
EURUSD$EURUSD1.0560
8
1.06380.68 ▼
1
0.08%
Copper (HG)@HG3.5685
25
3.6207-2.34 ▲
27
4.42%
10 Year T-Note (ZN)@ZN106.34
21
107.72-5.04 ▲
37
3.03%
Oil (CL)@CL83.21
13
87.98-0.84 ▼
3
3.41%
BitcoinBTC_X34157.06
0
29550.8410.00 ▲
10
19.77%

Daily reversal levels as of the close on October 26, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.15
9
12.55-7.90 ▲
67
32.63%
spBuy++
Apple IncAAPL166.89
3
176.52-3.87 ▼
5
4.80%
Aegon NVAEG4.74
6
4.82-3.35 ▲▲
9
1.25%
dBuy
Adecoagro SAAGRO10.91
27
11.15-0.62 ▲▲
18
1.98%
dBuy
C3.ai IncAI25.31
6
26.57-0.57 ▼
58
33.39%
Amazon.com IncAMZN119.57
26
130.62-3.62 ▼
6
8.42%
AramarkARMK26.71
11
27.98-1.62 ▲
25
27.58%
AeroVironment IncAVAV114.64
6
111.656.25 ▼
9
2.49%
Bank of AmericaBAC26.12
8
27.10-4.12 ▼
4
0.04%
Beacon Roofing Supply IncBECN69.72
1
73.94-6.23 ▼
10
6.37%
spBuy
Coeur MiningCDE2.47
23
2.394.10 ▼
11
6.93%
CIENA CorpCIEN40.60
1
44.68-7.36 ▼
22
11.95%
spBuy
Coinbase GlobalCOIN74.61
16
74.450.95 ▼
2
-10.66%
Dollar Tree IncDLTR108.82
9
113.590.06 ▼
4
1.48%
Devon EnergyDVN47.17
4
48.471.64 ▼
0
0.00%
Sell
First Solar IncFSLR151.15
9
159.47-0.31 ▲
36
15.79%
Greenbrier CompaniesGBX32.59
18
40.52-4.71 ▼
1
2.57%
Alphabet IncGOOGL122.28
31
137.10-3.90 ▼
1
0.80%
Interactive Brokers GroupIBKR80.15
1
86.01-8.27 ▼
11
8.35%
IMAX CorpIMAX18.24
1
18.83-2.01 ▲
11
2.51%
Meta PlatformsMETA288.35
39
314.91-2.58 ▼
1
2.25%
NiSource IncNI25.72
3
25.75-0.21 ▼
4
-3.33%
Intellia TherapeuticsNTLA25.00
15
30.86-8.16 ▼
67
40.52%
spBuy+
Ralph LaurenRL113.27
9
115.972.08 ▼
0
0.00%
Sell
Rockwell AutomationROK262.60
5
286.56-8.22 ▼
6
5.09%
Sanmina CorpSANM50.93
11
53.02-6.13 ▼
9
4.16%
Shopify IncSHOP46.69
4
54.42-3.90 ▼
28
21.09%
Tesla Motors IncTSLA205.76
0
241.22-8.22 ▼
6
8.94%
Uber TechnologiesUBER40.62
40
44.92-4.38 ▼
9
7.18%
Marriott Vacations WorldwideVAC88.59
32
96.52-5.78 ▼
65
30.21%
spBuy++

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 26, 2023

RL for Oct 26

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Sell signal for EURUSD. Failed rally.
  • Partial profits signal for Gold.
  • Speculative Buy signal for AAL and BECN.
  • Sell signal for GBX, GOOGL and META.
  • Partial profits signal for AVAV.
  • 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 25, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4186.77
4
4344.32-4.57 ▼
5
3.11%
UK - FTSE 100^FTSE7414.34
0
7562.73-4.24 ▼
4
1.14%
Germany - DAX^DAX14892.18
9
15278.89-5.95 ▼
8
2.15%
Japan - Nikkei^N22531269.92
1
32056.07-3.71 ▼
7
2.48%
Australia - AOI^AORD7046.20
9
7218.03-5.09 ▼
4
1.76%
Brazil - BOVESPA^BVSP112829.97
0
115621.96-2.98 ▼
5
1.08%
Gold (spot)$XAUUSD1979.62
0
1908.639.27 ▼
8
2.65%
pP
EURUSD$EURUSD1.0563
8
1.06430.96 ▲
0
0.00%
Sell
Copper (HG)@HG3.5720
25
3.6256-2.60 ▲
26
4.33%
10 Year T-Note (ZN)@ZN105.67
21
107.80-5.49 ▲
36
3.65%
Oil (CL)@CL85.39
13
88.21-0.06 ▼
2
0.88%
BitcoinBTC_X34503.40
0
29049.699.96 ▲
9
20.99%

Daily reversal levels as of the close on October 25, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL11.04
9
12.66-8.01 ▼
66
33.29%
spBuy++
Apple IncAAPL171.10
3
177.08-2.65 ▼
4
2.40%
Aegon NVAEG4.68
6
4.83-3.47 ▼
8
2.50%
Adecoagro SAAGRO10.80
27
11.17-0.62 ▼
17
2.96%
C3.ai IncAI24.43
6
26.62-0.54 ▼
57
35.71%
AddSh
Amazon.com IncAMZN121.39
26
131.39-2.35 ▼
5
7.03%
AramarkARMK26.31
11
28.07-2.21 ▲
24
28.66%
AeroVironment IncAVAV120.90
6
111.426.90 ▲
8
8.09%
pP
Bank of AmericaBAC25.55
8
27.17-3.47 ▼
3
2.22%
Beacon Roofing Supply IncBECN68.71
1
74.41-6.06 ▼
9
7.72%
spBuy
Coeur MiningCDE2.51
23
2.395.31 ▼
10
8.66%
CIENA CorpCIEN40.85
1
44.92-7.17 ▼
21
11.41%
Coinbase GlobalCOIN77.79
16
74.601.01 ▲
1
-6.85%
Dollar Tree IncDLTR108.30
9
113.811.20 ▼
3
1.96%
Devon EnergyDVN47.85
4
47.252.87 ▼
8
-1.81%
First Solar IncFSLR151.36
9
159.95-0.32 ▲
35
15.67%
Greenbrier CompaniesGBX33.56
18
41.36-1.63 ▼
0
0.00%
Sell
Alphabet IncGOOGL125.61
31
138.24-1.28 ▼
0
0.00%
Sell
Interactive Brokers GroupIBKR79.73
1
86.41-8.23 ▼
10
8.83%
IMAX CorpIMAX18.11
1
18.87-2.79 ▲
10
3.21%
Meta PlatformsMETA299.53
39
316.23-0.70 ▼
0
0.00%
Sell
NiSource IncNI25.31
3
25.74-0.03 ▼
3
-1.69%
Intellia TherapeuticsNTLA24.38
15
31.24-8.05 ▼
66
41.99%
Ralph LaurenRL114.15
9
113.382.75 ▼
6
-1.03%
Rockwell AutomationROK263.32
5
287.90-8.00 ▼
5
4.83%
Sanmina CorpSANM50.00
11
53.15-6.06 ▼
8
5.91%
Shopify IncSHOP48.49
4
54.82-2.85 ▼
27
18.05%
Tesla Motors IncTSLA212.42
0
244.25-8.02 ▼
5
5.99%
Uber TechnologiesUBER42.35
40
45.20-3.84 ▼
8
3.22%
Marriott Vacations WorldwideVAC88.65
32
97.11-5.26 ▼
64
30.16%

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.