Wednesday, May 31, 2023

RL for May 31

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Speculative Buy signal for 10Y T-Note.
  • Partial profits signal for Nikkei. A 12% gain in 32 days.
  • Weak Buy signal for AAL. Possible bull trap.
  • Sell signal for AGRO and RL.
  • Partial profits signal for META. A 120% gain in 123 days.
  • Bearish continuation for GBX. 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 May 30, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4205.52
8
 4128.102.17 ▲
1
-0.50%
UK - FTSE 100^FTSE7522.07
6
 7766.60-4.78 ▼
16
2.34%
Germany - DAX^DAX15908.91
29
 16015.230.05 ▼
4
-0.23%
Japan - Nikkei^N22531328.16
17
 30017.749.76 ▼
32
11.94%
pP+
Australia - AOI^AORD7387.30
0
 7454.43-3.37 ▲
19
0.02%
Brazil - BOVESPA^BVSP108967.03
2
 107650.393.60 ▼
17
3.62%
Gold (spot)$XAUUSD1959.14
28
 1988.29-4.42 ▲
10
1.47%
EURUSD$EURUSD1.0733
28
 1.0875-5.70 ▲
12
1.11%
Copper (HG)@HG3.6580
4
 3.7638-6.29 ▲
27
8.62%
10 Year T-Note (ZN)@ZN113.17
0
 114.56-6.37 ▼
9
1.52%
spBuy
Oil (CL)@CL69.46
3
 74.93-0.34 ▼
23
6.61%
BitcoinBTC_X27702.14
10
 26866.210.92 ▲
2
-1.34%

Daily reversal levels as of the close on May 30, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL14.62
10
 13.920.74 ▼
0
0.00%
wBuy
Apple IncAAPL177.30
17
 170.952.43 ▲
92
29.59%
Aegon NVAEG4.55
11
 4.463.23 ▼
10
2.02%
Adecoagro SAAGRO8.62
6
 8.963.50 ▼
0
0.00%
Sell
C3.ai IncAI43.95
1
 23.2810.00 ▲
10
87.02%
Amazon.com IncAMZN121.66
5
 112.136.62 ▲
52
27.06%
AramarkARMK39.40
1
 37.067.49 ▼
14
8.63%
AeroVironment IncAVAV91.74
0
 104.86-4.63 ▼
2
0.33%
Bank of AmericaBAC28.26
11
 27.831.33 ▼
8
-0.63%
Beacon Roofing Supply IncBECN66.50
2
 63.167.66 ▼
21
9.50%
Coeur MiningCDE2.86
2
 3.43-5.17 ▼
26
21.21%
CIENA CorpCIEN47.97
5
 44.904.25 ▲
1
-1.30%
Coinbase GlobalCOIN61.17
4
 56.300.23 ▲
16
9.43%
Dollar Tree IncDLTR138.48
0
 154.56-6.57 ▼
2
-1.44%
Devon EnergyDVN46.96
24
 50.80-1.72 ▼
23
10.57%
First Solar IncFSLR202.40
43
 195.271.11 ▼
11
-11.26%
Greenbrier CompaniesGBX27.44
11
 28.061.86 ▼
31
7.05%
AddSh
Alphabet IncGOOGL123.67
10
 115.998.27 ▼
52
28.56%
Interactive Brokers GroupIBKR78.94
1
 75.781.19 ▲
1
0.36%
IMAX CorpIMAX17.35
0
 19.16-6.28 ▼
17
11.16%
Meta PlatformsMETA262.52
18
 236.658.18 ▲
123
120.23%
pP+
NiSource IncNI26.60
0
 27.66-4.96 ▼
10
5.20%
Intellia TherapeuticsNTLA37.55
85
 42.85-2.99 ▼
2
3.82%
Ralph LaurenRL109.32
1
 113.33-0.64 ▲
0
0.00%
Sell
Rockwell AutomationROK286.79
30
 274.711.42 ▲
1
-0.40%
Sanmina CorpSANM54.32
10
 52.222.75 ▲
2
0.63%
Shopify IncSHOP58.19
18
 57.43-0.32 ▼
48
27.30%
Tesla Motors IncTSLA201.16
5
 174.297.43 ▲
8
15.46%
Uber TechnologiesUBER37.56
19
 37.301.70 ▼
20
7.25%
Marriott Vacations WorldwideVAC124.60
11
 129.14-2.02 ▲
23
6.76%

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.

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