Markets were mixed to higher today as the DOW 30 Index is catching up. Smart Money is taking profits as the next week. The stronger Big Techs & NASDAQ 100 Index were able to make higher highs than last week’ s high, which is Bullish. .
But the Buying Volume is low and the Leaders are over bought. Many are betting that the FED has finished Tightening, and are piling in on FOMO (Fear of Missing Out). The Inverted Yield Curve says that the Economy might have slowed down too much, and historically the FED has probably WAITED too late to stop Tightening.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
The 1st quarter has ended and the System Sold the 5 current positions SLV XLF XLU XLE & XLV on the Close Friday.
These will be replaced on the Close today with QQQ NASDAQ 100 Fund, EFA Europe EAFE Fund, SLV Silver Fund, XLE Energy Fund, and XLP Consumer Staples Fund. (Or you can swap XLF, XLU, and XLV for QQQ, EFA, and XLP, and try to have 20% of the account value in each of the 5 Funds).
BUYS TODAY 4/3/2023 NONE TODAY
ETNB 98 BIO INC. Money Wave Must Close in the Green Zone.
Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
AEHR AEHR TEST SYSTEMS Money Wave Must Close in the Green Zone.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
NAT NORDIC AMER TANKER Slipped below Support of $3.90 and was Stopped Out. This trade was not logged.
DAY TRADING SETUPS. We have a new Discord Site for Live Chatting. Follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today: KOLD (+9%) LABU (+6%) & TSLQ (+7%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Below the Green Line.
Crude Oil was up $4.68 today at $80.33.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Apr 1, 2023
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 Security 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.
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