Tuesday, May 9, 2023

RL for May 9

Today's reversal levels for major indexes and stocks in our public demo portfolio:
  • Sell signal for Bitcoin. Failed rally.
  • Bullish continuation for DAX. Can add to positions.
  • Bullish continuation for AMZN and GOOGL. Can add to 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 8, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
US - S&P 500^SPX4138.12
5
4085.86-0.28 ▲
1
0.03%
UK - FTSE 100^FTSE7778.38
3
7816.59-1.52 ▼
1
-0.98%
Germany - DAX^DAX15952.83
26
15658.811.19 ▲
25
3.39%
Add
Japan - Nikkei^N22528949.88
14
28462.255.71 ▲
16
3.44%
China - SSEC^SSEC3395.00
15
3294.400.38 ▲
2
1.32%
Australia - AOI^AORD7472.10
3
7484.94-3.24 ▼
3
-1.12%
Brazil - BOVESPA^BVSP106042.15
21
102612.86-0.79 ▲
1
0.84%
Gold (spot)$XAUUSD2021.39
25
1981.592.53 ▲
41
8.24%
EURUSD$EURUSD1.1004
25
1.09071.56 ▼
35
2.65%
10 Year T-Note (ZN)@ZN115.17
7
114.712.17 ▼
40
2.35%
Oil (CL)@CL73.16
0
76.98-6.40 ▲
8
1.64%
BitcoinBTC_X27781.00
7
29270.940.17 ▼
0
0.00%
Sell

Daily reversal levels as of the close on May 8, 2023
NameCloseTrModeRevL (D)MoM (D)DaysP/L %Action
American Airlines GroupAAL14.36
7
13.402.74 ▲
5
3.83%
Apple IncAAPL173.50
14
165.124.05 ▲
77
26.81%
Aegon NVAEG4.41
8
4.48-1.54 ▼
4
0.68%
Adecoagro SAAGRO8.59
3
8.160.33 ▲
7
2.14%
C3.ai IncAI19.23
1
20.39-2.92 ▲
22
9.12%
Amazon.com IncAMZN105.83
2
102.500.63 ▲
37
10.53%
Add
AramarkARMK34.19
12
35.08-2.17 ▲
62
12.80%
AeroVironment IncAVAV103.09
13
100.38-0.64 ▲
1
-0.35%
Bank of AmericaBAC27.69
8
29.07-4.54 ▼
9
3.72%
Beacon Roofing Supply IncBECN60.36
7
58.551.19 ▼
6
-0.61%
Coeur MiningCDE3.52
5
3.74-3.83 ▲
11
3.03%
CIENA CorpCIEN43.84
2
46.96-6.33 ▲
15
10.44%
Coinbase GlobalCOIN58.10
1
53.63-3.39 ▲
1
3.94%
Dollar Tree IncDLTR155.54
2
149.762.86 ▼
24
5.02%
Devon EnergyDVN51.00
21
53.10-5.54 ▼
8
2.88%
First Solar IncFSLR177.46
40
194.74-8.35 ▲
8
11.53%
Greenbrier CompaniesGBX26.69
8
28.80-5.63 ▲
16
9.59%
Alphabet IncGOOGL107.77
7
104.080.42 ▲
37
12.03%
Add
Interactive Brokers GroupIBKR78.11
38
78.58-5.83 ▲
9
0.77%
IMAX CorpIMAX19.85
16
20.24-1.47 ▼
2
-1.64%
Meta PlatformsMETA233.27
15
215.918.25 ▼
108
95.70%
NiSource IncNI28.45
5
28.60-0.30 ▲
4
-1.93%
Intellia TherapeuticsNTLA43.19
82
37.925.58 ▲
3
11.43%
Ralph LaurenRL111.74
25
115.65-2.92 ▲
9
0.58%
Rockwell AutomationROK281.10
27
276.731.47 ▲
7
-1.37%
Sanmina CorpSANM53.33
7
54.86-4.19 ▲
22
7.56%
Shopify IncSHOP64.38
15
49.098.72 ▲
33
40.84%
Tesla Motors IncTSLA171.79
2
173.62-2.50 ▲
18
6.11%
Uber TechnologiesUBER38.83
16
33.409.75 ▲
5
10.88%
Marriott Vacations WorldwideVAC128.68
8
136.24-3.16 ▼
8
3.71%

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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