Markets were up slightly today as the strongest Leaders are staying up in the Red Zones (probably too late to Buy for the Short Term). Nobody wants to Sell, as the Institutions are gone for the Holidays. The S&P 500 Index and DOW 30 were able to make New Highs again, but the other Indices are lagging. Buying Volume has been very low this holiday week, and the weaker stocks should have tax loss Selling going on until Friday, Dec 31.
New Investors: The strongest Leaders are quickly back up in the Red Zones. Please be patient and WAIT for more Green Zone Buy Signals. The better trades happen when the S&P 500 Index is also down in the Green Zone.
We will rotate the Five ETF Sector Funds in the ETF SECTOR ROTATION SYSTEM on Friday. (Sell the Five existing Funds on the Close Friday Dec. 31, and Buy Five new Funds on the Close of Jan 3, 2022). Probably Buy SPY QQQ XLF XLE and XLK or XLV.
BUYS TODAY 12/29/2021 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).
SELLS TODAY NONE TODAY
Bonds were down today, and are just barely Above the Green Line.
Crude Oil was up $0.60 today at $76.46.
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 Dec 1, 2021
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.