The main purpose of reversal levels is to get and stay in the big trending moves while avoiding big losses.
In November a lot of new moves started and many of them are showing nice gains already. But Chemours CC remains our best performing trade with a 187% gain in 108 days. AK Steel AKS has moved into second place with a 121% gain in just 40 days. This has pushed the Russian Small-cap ETF RSXJ down a notch, now third with a 120% gain in 211 days. Those moves are not finished, stocks are held until their next Sell signal (or Buy signal for a short position).
Our current worst open trades are SM (-18%), followed by CLR (-12%) and short EXPR (-11%). Our method has kept losses small.
You can download today's reversal level file for all stocks we cover: https://www.dropbox.com/s/jz960cg6vdbkuwt/RL_20161216.html?dl=0 (Html file. Will open in any good desktop or mobile browser.)
So you can see the good, the bad and the ugly of our approach.
Here is the current top 20:
Our 20 worst trades at the moment: