Markets were mixed today as the Indices are back up in the Red Zones (probably too late to Buy for the Short Term) and are over-bought. The strong US Dollar and Interest Rates should go up once more to re-test the Highs, and Tech Stocks probably won’t like that.
The major Stock Indices are approaching the Green Lines with low Relative Strength, could possibly Fail and go back down again to relieve the over-bought condition. Look for Higher Low next time down.
BUYS TODAY 8/1/2022
BUYS TOMORROW – SWING TRADING STOCKS
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.
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).
Bonds were up today, but are Way Below the Green Line.
Crude Oil was down $4.86 at $93.76.
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 Aug 1, 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.