Markets were mixed today after yesterday’s big rally. Big Tech and NFLX were weaker. The NASDAQ 100 and Small Cap Indices are both still Below the Green Lines, so many are hesitant to Buy until Commodity Prices & Interest Rates pull back. Most of the Tech stocks are too weak, and do not meet the Green Line Rules at this time.
Long term Interest Rates finally pulled back today, but are Way Above the Green Line and should be having a Buying Climax soon.
The Market is frustrating at this time as the Leading Commodity and Defensive Stocks are very over-bought, but won’t correct much to Buy. And most other Stocks no longer have a 90 Relative Strength required.
New Subscribers: Some of the strongest Stocks have come down near the Green Zones more Money Wave Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 4/20/2022 NONE TODAY
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
UPST UPSTART HOLDINGS Lower Sell Stop Loss below $75 until it bottoms.
Bonds were finally up today, but are Way Below the Green Line.
Crude Oil was up $0.19 today at $102.24. _________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 2, 2022
Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buy Signals 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, or Low Volume. These have more risk.