9/19/2021 Markets were lower again this week, as the Indices have now returned back down to the Green Zones and are over-sold for the Short Term. This is the first time since last November that the S&P 500 Index has Closed down in the Green Zone. So we should see an over-sold bounce soon from Green Zone Buying and FED Printing, where the Markets should be able to re-test the recent Highs.
Most of our success recently in this Market has been using Triple Buy Signals on the Day Trading Scrolling Charts. Most trades have happened early in the morning.
Eventually we could see higher Interest Rates and Inflation. 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. No predicting here, just Following the Money.
For the week the Dow was down 0.31%, the S&P 500 was down 0.59%, and the Nasdaq 100 was down 0.73 %. The Long Term Trend for the Indices is up.
The Inflation Index (CRB) was up 0.76% for the week (a New High) and is Above the Green Line, indicating Economic Expansion.
Bonds were up 0.52% for the week, and are Above the Green Line, indicating Economic Contraction.
The US DOLLAR was up 0.62% for the week and is Above the Green Line.
Crude Oil was up 3.10% for the week at $71.82 and GOLD was down 2.27% at $1751.40.
_____________________________________________________________________________________________
MONEY WAVE BUYS SOON
We are currently in only 3 logged Current Positions, for the Short & Medium Term. There are 7 investments on the Short Term Watch List.
Be patient and WAIT for Green Zone Buy Signals!
______________________________________________________________________________________________
LONG TERM INVESTMENTS (Some Leaders have pulled back , but Markets are near Highs.)
Long Term Scrolling Charts (Real Time)
EYES SECOND SIGHT MEDICAL Buy if it Closes above the Green Line (250-day avg.) with High Volume.
F FORD MOTOR CO. Closed above the Red Line (50-day avg.) this week, but only average Volume.
KOPN KOPIN CORP. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
MGI MONEYGRAM INT’L. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
PRTY PARTY CITY INC. Buy if it Closes above the Red Line (50-day avg.) with High Volume.
VALE VALE STEEL SA Buy if it Closes above the Red Line (50-day avg.) with High Volume.
______________________________________________________________________________________
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 Sep 1, 2021
Dividend Growth Portfolio
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 Zone). 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.
______________________________________________________________________________________
QUESTION: Steve V. writes “Do you do both long and short positions or does someone just invert the rules in a down market?”
ANSWER: Yes, invert the Rules to Sell Short (Below G L, Below 10 R S, Dropping below 80 on Money Wave).
We will wait until the Market is in a Bear (below the Green Line), and not Short the next Correction back down to G L.
Once the Market is BEAR, we will mainly do Inverse Funds, as most investors don’t understand Shorting…
The Leaders should have nice pops up if they hold above the G L after the next Correction, and we don’t like to Sail into the Wind (with FED Printing).
Good trading and tell your friends!
ATGL
