Charts for July 18, 2025

Charts of the day. (you can click the charts for larger image)

SPX:

* 285 stocks in bullish mode. Solid uptick. * BullsPower at 44, BearsPower at 9. Bulls keep the upper hand. * Above both Watershed lines = bullish. The dW at 6181 is on watch for a possible test. * Despite weakening in several indicators the market has gone sideways. So a quick push to the top of the Envelope (6420) is still a viable scenario.

* ELC goes down. * But THRUST is flattening out and may turn back up today. *  Mixed messages. In that situation it's usually the quicker indicator, THRUST, that gives the near term direction. * The Repellor is at 6114. * BlueSnake turns down.

* Rotator goes down. Both components are weakening. * The Bands keep rising. * Trading keeps to the upper band. Bullish as long as that stays the case.

* SwX stays yellow - neutral. The important point to watch here is whether it goes on to red or gets back to green. * MoM goes down. * The 6200 level (blue line) remains the first support line to watch on pullbacks.

* Icebergs algo. * Green mountain continues to get weaker since we had vultures and gold on the mountain in the first week of the month. * So, here we have to see if things can pick up steam again.

RevL for July 18, 2025

Today's reversal levels for major indexes and stocks in our public demo portfolio.
Join in for exiting profits with our special trading strategies.

Daily reversal levels as of the close on July 17, 2025

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
S&P 500	^SPX	6297.35	8		6155.26	5.14 ▼	56	13.89%
Nasdaq 100	^NDX	23081.05	8		22365.33	5.30 ▼	56	18.77%
Russell 2000	^RUT	2253.68	5		2189.47	4.30 ▼	54	15.57%
Gold (spot)	$XAUUSD	3339.21	90		3312.76	0.29 ▲	4	-0.71%
US Oil ETF	USO	76.16	4		74.37	0.54 ▼	8	-0.03%
20+ Y Tr. Bond ETF	TLT	85.11	13		86.72	-4.96 ▼	8	0.54%
Bitcoin	BTC_X	119282.74	42		112073.16	8.13 ▼	22	11.06%	pP

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
American Airlines Group	AAL	12.49	18		11.59	5.76 ▲	16	9.27%
Apple Inc	AAPL	210.63	1		206.39	2.60 ▼	12	1.92%
C3.ai Inc	AI	28.36	6		25.29	5.10 ▲	10	8.45%
Align Technology	ALGN	192.38	1		196.68	1.90 ▼	1	-0.99%
Amazon.com Inc	AMZN	223.85	5		218.27	3.79 ▼	47	15.76%
Aramark	ARMK	43.27	9		41.59	4.92 ▼	51	28.93%
AeroVironment Inc	AVAV	278.56	9		228.99	6.98 ▲	67	105.43%
Bank of America	BAC	47.02	8		47.08	-1.80 ▼	2	-1.66%
Coeur Mining	CDE	9.18	9		8.78	1.77 ▼	47	31.33%
CIENA Corp	CIEN	84.81	9		78.07	3.18 ▲	16	6.34%
Core & Main Inc	CNM	61.85	11		59.83	1.65 ▼	58	21.58%
Coinbase Global	COIN	410.75	8		338.33	8.51 ▲	59	107.71%	pP+
Devon Energy	DVN	32.78	57		33.57	-0.84 ▼	2	-1.86%
First Solar Inc	FSLR	173.54	1		161.33	1.27 ▲	12	5.16%
GE Aerospace	GE	260.28	11		248.17	6.82 ▲	58	33.94%
Chart Industries Inc	GTLS	171.46	1		157.86	3.85 ▼	14	4.55%
Interactive Brokers Group	IBKR	59.43	9		54.39	8.01 ▼	52	33.36%	pP
J&J Snack Foods	JJSF	118.98	29		114.68	0.36 ▲	0	0.00%	Buy
Meta Platforms	META	701.41	8		715.65	-0.33 ▼	0	0.00%	Sell
Intellia Therapeutics	NTLA	11.83	0		10.38	6.88 ▼	21	17.95%
Ralph Lauren	RL	286.26	9		273.69	4.48 ▼	57	30.66%
Rockwell Automation	ROK	356.49	9		331.90	7.07 ▲	51	41.91%	pP+
Sanmina Corp	SANM	104.61	11		96.51	8.36 ▼	58	34.13%
Shopify Inc	SHOP	126.93	8		112.72	2.82 ▲	57	32.51%
Tesla Motors Inc	TSLA	319.16	8		309.11	-0.17 ▲	1	-1.23%
Uber Technologies	UBER	90.50	12		93.48	0.98 ▼	1	0.78%

Tips for using the tables
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.

---

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.

Charts for July 17, 2025

Charts of the day. (you can click the charts for larger image)

SPX:

* 271 stocks in bullish mode. Another downtick and at risk of falling below 50%, which would be increasingly bearish. * BullsPower at 42, BearsPower at 10. Bulls keep the upper hand. * Above both Watershed lines = bullish. The dW at 6165 is on watch for a possible test. * Note that the top of the Envelope is at 6405. That would be the next upside target if the continued bull run scenario prevails.

* ELC turns down for the first time since April. This is a very high peak and usually the market tops out on an ELC bearish divergence. That suggests there is a higher high yet to come, but there can be a significant correction first. * THRUST going down. Here we watch if it can bottom out near the zero line or not. *  Thrust has not been below zero since the April lows. * The Repellor is at 6103. * BlueSnake is flattening out and increasingly likely to turn down.

* Rotator goes down. Both components are weakening. The red component may have marked a significant market top, as it often does * The Bands keep rising. * Trading dipped out of the upper band, but closed back inside. That's a surprisingly strong reaction.

* SwX stays yellow - neutral. The important point to watch here is whether it goes on to red or gets back to green. * MoM goes down. * The 6200 level (blue line) was tested and prices bounced back. That's a short term positive. A second retest of the 6200 may not go as well, so we have to keep watching that level.

* As special chart of the day we have Regeneron REGN. * Biotech has been unloved for quite some time and this stock has been in a severe bear market. * We see "dark clouds" have appeared since March. This is a new addition to our Icebergs charts. * Dark clouds appear when a stock or index has become seriously depressed, usually after a significant decline, or a prolonged period of price erosion. * As long as you stick you healthy companies that are not at the verge of bankruptcy you can use dark clouds to pick up the stock on weakness. I prefer to grab it close to the bottom of the Envelope, which is not the case right now. So be patient and ready. Last April was an example of  dark clouds + bottom of Envelope. * This is just another way how we use the Icebergs charts to identify special situations and rare opportunities.

RevL for July 17, 2025

Today's reversal levels for major indexes and stocks in our public demo portfolio.
Join in for exiting profits with our special trading strategies.

Daily reversal levels as of the close on July 16, 2025

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
S&P 500	^SPX	6263.71	8		6144.76	5.61 ▼	55	13.28%
Nasdaq 100	^NDX	22907.97	8		22312.32	5.43 ▼	55	17.88%
Russell 2000	^RUT	2226.98	5		2185.68	5.04 ▼	53	14.20%
Gold (spot)	$XAUUSD	3347.57	90		3313.10	0.21 ▲	3	-0.46%
US Oil ETF	USO	75.19	4		74.32	0.75 ▼	7	-1.30%
20+ Y Tr. Bond ETF	TLT	85.13	13		86.84	-4.52 ▼	7	0.51%
Bitcoin	BTC_X	118700.37	42		111553.83	8.25 ▼	21	10.52%	pP

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
American Airlines Group	AAL	12.27	18		11.52	5.75 ▼	15	7.35%
Apple Inc	AAPL	210.16	1		206.09	3.17 ▼	11	1.69%
C3.ai Inc	AI	27.23	6		25.13	4.71 ▼	9	4.13%
Align Technology	ALGN	190.24	1		197.00	3.30 ▼	0	0.00%	Sell
Amazon.com Inc	AMZN	223.19	5		217.78	4.24 ▼	46	15.42%
Aramark	ARMK	43.16	9		41.50	5.66 ▼	50	28.61%
AeroVironment Inc	AVAV	268.92	9		225.39	6.05 ▲	66	98.32%
Bank of America	BAC	46.03	8		47.07	-1.21 ▼	1	0.48%
Coeur Mining	CDE	9.13	9		8.77	2.13 ▼	46	30.62%
CIENA Corp	CIEN	84.12	9		77.50	2.12 ▲	15	5.48%
Core & Main Inc	CNM	60.49	11		59.77	2.46 ▼	57	18.91%
Coinbase Global	COIN	398.20	8		333.13	8.47 ▼	58	101.37%	pP
Devon Energy	DVN	31.75	57		33.65	0.19 ▼	1	1.34%
First Solar Inc	FSLR	166.82	1		160.60	1.22 ▼	11	1.09%
GE Aerospace	GE	266.18	11		246.95	6.07 ▲	57	36.97%
Chart Industries Inc	GTLS	168.84	1		157.07	4.15 ▼	13	2.95%
Interactive Brokers Group	IBKR	59.45	9		54.06	8.22 ▼	51	33.40%	pP
J&J Snack Foods	JJSF	115.98	29		117.51	0.29 ▼	1	-1.57%
Meta Platforms	META	702.91	8		701.91	0.78 ▼	51	20.47%
Intellia Therapeutics	NTLA	11.96	0		10.24	7.42 ▼	20	19.24%
Ralph Lauren	RL	284.69	9		272.96	5.19 ▼	56	29.94%
Rockwell Automation	ROK	351.67	9		330.00	6.52 ▲	50	40.00%
Sanmina Corp	SANM	104.17	11		96.06	8.65 ▼	57	33.57%	pP
Shopify Inc	SHOP	120.00	8		111.79	1.64 ▲	56	25.27%
Tesla Motors Inc	TSLA	321.67	8		308.13	-0.94 ▲	0	0.00%	Buy
Uber Technologies	UBER	90.75	12		93.71	2.75 ▼	0	0.00%	Sell

Tips for using the tables
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.

---

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.

Charts for July 16, 2025

Charts of the day. (you can click the chart for larger image)

SPX:

* 279 stocks in bullish mode. Big downtick and dropping below the weekly bullish% (332). That's a bearish development. * BullsPower at 41, BearsPower at 12.5. Bulls keep the upper hand, but their lead shrinks. * Above both Watershed lines = bullish. The dW at 6150 is on watch for a possible test. * The number of pP signals falls back and is down more than 50% from the peak a few days ago. Consolidation or pullback is becoming the short term base scenario.

* ELC goes up, but is slowing. * THRUST going down. *  Thrust has not been below zero since the April lows. * The Repellor is at 6094. * BlueSnake is flattening out and quite likely to turn down.

* Rotator goes down. Both components are weakening. The red component may have marked a significant market top, as it often does * The Bands keep rising and trading remains in the upper band, but only by a few points. With this setup a 200 point pullback would be the ordinary.

* SwX stays yellow - neutral. The important point to watch here is whether it goes on to red or gets back to green. * MoM goes down. * The 6200 level (blue line) is support to watch. If it breaks then I expect to see a more severe downside reaction.

* Icebergs algo. * Gold on the mountain and lava disappeared several days ago, and now green mountain is falling below the healthy + 4 level. * How much downside that will trigger we don't know. And green mountain could rebound >4. But for the time being I would stay cautious and patient. This has been an awesome run since the April low.

* As special chart of the day I am choosing EURUSD. * Note how the recent occasions of gold on the mountain + lava all marked peaks and excellent chances to take profit. (keep that in mind with the previous Icebergs charts for SPX too). * Another important concept you can see in this chart is when higher highs (or lower lows) fail to touch the ceiling (or bottom) of the Envelope. (marked with orange circles here). That is common near important trend changes. * You can then wait for the Envelope to turn down (or up) to position for the newly emerging trend. * This is just another more visual way of trading. Our subscribers get daily Icebergs charts with Envelopes for over 1000 stocks and indexes. Give it a try.

RevL for July 16, 2025

Today's reversal levels for major indexes and stocks in our public demo portfolio.
Join in for exiting profits with our special trading strategies.

Daily reversal levels as of the close on July 15, 2025

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
S&P 500	^SPX	6243.77	8		6138.91	6.53 ▼	54	12.92%
Nasdaq 100	^NDX	22884.59	8		22276.23	5.92 ▼	54	17.76%
Russell 2000	^RUT	2205.05	5		2185.29	6.60 ▼	52	13.08%
Gold (spot)	$XAUUSD	3323.99	90		3312.24	0.00 ▲	2	-1.17%
US Oil ETF	USO	75.26	4		74.36	1.17 ▼▼	6	-1.21%	dSell
20+ Y Tr. Bond ETF	TLT	85.01	13		86.94	-3.59 ▼	6	0.65%
Bitcoin	BTC_X	117777.90	42		111002.20	8.34 ▲	20	9.66%

Name		Close	Tr	Mode	RevL (D)	MoM (D)	Days	P/L %	Action
American Airlines Group	AAL	12.17	18		11.47	6.00 ▲	14	6.47%
Apple Inc	AAPL	209.11	1		205.84	3.85 ▼	10	1.19%
C3.ai Inc	AI	27.03	6		25.04	4.88 ▼	8	3.37%
Align Technology	ALGN	192.81	1		191.37	4.96 ▼	15	4.20%
Amazon.com Inc	AMZN	226.35	5		217.28	4.45 ▲	45	17.05%
Aramark	ARMK	42.94	9		41.42	6.57 ▼	49	27.95%
AeroVironment Inc	AVAV	263.89	9		222.38	5.54 ▲	65	94.61%
Bank of America	BAC	46.15	8		47.12	0.27 ▼	0	0.00%	Sell
Coeur Mining	CDE	9.15	9		8.76	2.38 ▲	45	30.90%
CIENA Corp	CIEN	82.61	9		77.19	1.33 ▲	14	3.59%
Core & Main Inc	CNM	60.10	11		59.86	4.11 ▼	56	18.14%
Coinbase Global	COIN	388.02	8		328.12	8.57 ▼	57	96.22%	pP
Devon Energy	DVN	32.17	57		33.80	1.67 ▼	0	0.00%	Sell
First Solar Inc	FSLR	171.93	1		159.93	1.50 ▼	10	4.19%
GE Aerospace	GE	264.67	11		245.14	4.70 ▲	56	36.20%
Chart Industries Inc	GTLS	164.90	1		156.63	4.90 ▼	12	0.55%
Interactive Brokers Group	IBKR	59.63	9		53.76	8.38 ▼	50	33.80%	pP
J&J Snack Foods	JJSF	113.50	29		117.61	0.88 ▼	0	0.00%	Sell
Meta Platforms	META	710.39	8		702.19	1.85 ▼	50	21.75%
Intellia Therapeutics	NTLA	11.48	0		10.12	7.95 ▼	19	14.46%
Ralph Lauren	RL	286.05	9		272.39	5.95 ▼	55	30.56%
Rockwell Automation	ROK	346.59	9		328.42	6.42 ▼	49	37.97%
Sanmina Corp	SANM	103.08	11		95.64	9.09 ▼	56	32.17%	pP
Shopify Inc	SHOP	115.05	8		111.68	1.43 ▼	55	20.11%
Tesla Motors Inc	TSLA	310.78	8		321.54	-1.75 ▲	10	-4.13%
Uber Technologies	UBER	92.21	12		91.28	4.64 ▼	14	0.70%

Tips for using the tables
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.

---

Note: This is a live demo portfolio to show how reversal levels work for different types of stocks. Some big names, some random mid caps and small caps, a mix of different sectors. So it is not a recommendation to invest in any of those companies.