Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Stock Alerts
    • DIVGRO BLOG
    • ETF SECTOR BLOG
    • DOW DOGS BLOG
    • NEWS
    • STOCK IDEAS
  • Strategies
    • SWING TRADING
      • CURRENT POSITIONS
      • WATCHLISTS
      • CLOSED POSITIONS
      • CANDIDATES – TOP 100
      • SPECIALTY STOCKS
    • DAY TRADING
      • Watch List
    • DIVIDEND GROWTH
      • Dividend Growth Portfolio
      • Dividend Calendar
    • DOGS OF THE DOW
      • Dogs of the Dow Portfolio
      • DOW 5 Portfolio
    • ETF SECTOR ROTATION
      • ETF Sector Portfolio
  • Markets
    • US MARKET
      • Commodities
      • Energy
      • Precious Metals
      • Volatility
    • GLOBAL MARKETS
      • MARKET INDICES
      • ECONOMIC CALENDAR
      • FOREX HEAT MAP
      • FOREX CROSS RATES
      • CRYPTOCURRENCY MARKET
    • DASHBOARD
    • IDEAS
  • Investing
    • FORUM
  • Resources
    • ARTICLES
    • WEEKLY STOCK
    • RETIREMENT PLANNING
    • BLOGROLL
    • FAQ
  • About
    • CONTACT US
    • HOW TO WIN
    • #1 AT STOCKCHARTS
  • Log In
  • Subscribe

May 29, 2022

Green Line Weekly May 29, 2022

SPX50 Chart
Stocks bounced from being extremely over-sold (like the COVID crisis).

5/29/2022 Markets were up sharply for the week as the Indices were severely over-sold, and Smart Money Buys on the massive FEAR. Most were worried about high Interest Rates and Inflation, but now the Media is telling you that the worst is over (after Dumb Money sold from FEAR near the bottom with major losses).

The S&P 500 Index is already up 9.1 % from last week’s low, so expect a pause or pull back soon near the Red Line (50-day avg.). The US Dollar Fund (UUP) and Inverse T-Bonds Fund (TBF) are on the Watch List, so long term Interest Rates should pop up once more to re-test the recent Highs.

Currently the tangible Commodities are Way Above the Green Lines, and Bonds are Way Below the Green Lines. Both will eventually return to the Green Lines, so maybe we will see a Stock Market rally when Interest Rates and Inflation fall. (Big surprise for Dumb Money.)

If you continue to Follow the Green Line System, your Money should flow into the Strongest areas and your account value should be able to grow in both Bull and Bear Markets.   

More action this week on the Day Trading Scrolling Charts.  

DAY TRADING CHARTS FOR INDICES & LARGE CAPS.

We have not had many intra-day Trade Alert signals lately as the Volume has been too Low with the Buy Signals. These low Volume Buy Signals tend to pop up and quickly fade back down. We like to see High Volume on rallies.

For the week the Dow was up 6.29%, the S&P 500 was up 6.58%, and the NASDAQ 100 was up 7.07%. Currently the major Stock Indices are Below the Green Lines (AVOID and own stronger Investments). 

The Inflation Index (CRB) was up 2.49% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 0.48% for the week, but are Way Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 1.43% for the week and is Way Above the Green Line. 

Crude Oil was up 4.34% for the week at $115.07 and GOLD was up 0.83%  at $1857.30. 

SEE SUPPLEMENTAL CHARTS

_____________________________________________________________________________________________

MONEY WAVE BUYS SOON

We are in now in 7 logged Current Positions for the Short & Medium Term. There are 6 investments on the Short Term Watch List. 

Be patient and WAIT for Green Zone Buy Signals!

_________________________________________________________________________________________

LONG TERM INVESTMENTS  (Hard to find many Long Term now because most normal  Investments no longer have 80 Relative Strength required.)

Long Term Scrolling Charts (Real Time)   

AA      ALCOA CORP.      Up 6 % this week but Volume was not high. Wait for the next Daily Money Wave Buy Signal with High Volume. 

ACI      ALBERTSONS CO.      Up 11 % this week. Wait for the next Daily Money Wave Buy Signal with High Volume. 

LAC      LITHIUM AMERICAS CORP.    Up 14 % this week. Wait for the next Daily Money Wave Buy Signal with High Volume. 

NUE        NUCOR CORP. (Steel)      Up 15 % this week. Wait for the next Daily Money Wave Buy Signal with High Volume. 

RRPIX       RISING INTEREST RATES FUND     The Daily Money Wave Buy Signal is back down in the Green Zone. Will Buy soon.    

_______________________________________________________________________________

My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts

Click for  Watch Lists
Click for  Current Positions
Click for  Closed Positions

Updated Top 100 List May 1, 2022
Dividend Growth Portfolio  
Updated ETF Sector Rotation System      
Dogs of the DOW System
Long Term Strategy for IRAs & 401k Plans
CNN Fear & Greed Index
Scrolling Stage Chart Investing Charts

Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20. 

Tell your Friends about the Green Line, and Help Animals.

________________________________________________________________________________

Do you want a new “Green Line” T-Shirt?

Email us your suggestion or comment for improving the ATGL service.

Then we will mail your T for worthy suggestions.

Thank you,

ATGL

 

Posted By AbovetheGreenLine at 1:20 pm Leave a Comment Tagged With: premium

Leave a Reply Cancel reply

You must be logged in to post a comment.

Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

Help Us Help Animals

Help Us Help Animals

Recent Comments

  • psychess on Green Line Weekly Jun 4, 2023
  • AbovetheGreenLine on Money Wave Alert! May 19, 2023
  • Robert Zieman on Money Wave Alert! May 19, 2023
  • Volodymyr Gelfand on Monet Wave Alert! May, 18, 2023
  • Money Wave Alert! May 16, 2023 – InvFuture Education on Money Wave Alert! May 16, 2023

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

Above the Green Line

ON ATGL

  • Weekly Commentary
  • Intraday Buy / Sells
  • Day Trade Setup

STRATEGIES

  • Swing Trading
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US

© Copyright 2021 · AboveTheGreenLine.com · All Rights Reserved · Privacy · Terms · Contact · WatchList · Current