Markets were down slightly today more low Volume. The S&P 500 Index need to hold above the Pink Line of 2876 to avoid a Short Term Sell Signal.
Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals.
Crude Oil was down $1.00 today at $63.65.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
NCC.IN NCC LTD. (INDIA) Money Wave Buy today. Target is $116.00. EXIT if it is going to Close Below Support of $101.20. (Not sure you can Buy NCC in the US).
YUMC YUM CHINA HOLDINGS Money Wave Buy today. Target is $46.50. EXIT if it is going to Close Below Support of $42.53.
ANF ABERCROMBIE & FITCH Money Wave Buy today. ANF will not be logged as the Volume is below average.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon: (Best to Buy when the S&P 500 is also in the Green Zone.)
AMD ADVANCED MICRO Money Wave must Close in the Green Zone.
CGC CANOPY GROWTH Medium Term Buy when it Closes above the Red Line of $43.53.
SID COMPANHIA SIDERURGICA SA
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
CHANGE CRON CRONOS GROUP to Long Term (Sell Stop Loss Below the Green Line of $12.62) until it bottoms.
EXIT AU ANGLOGOLD LTD. if it is going to Close below the Red Line of $13.30.
EXIT GDX GOLD MINING FUND if it is going to Close below the Red Line of $22.19.
EXIT AMD ADVANCED MICRO if it is going to Close below the Pink Line around $27.70. This trade was not logged.
EXIT WPM WHEATON PRECIOUS METALS if it is going to Close below your Buy Price, or $23.44. This trade was not logged.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
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