Markets were higher again today as mild Buying came in. The major Indices are back down near the Green Zones for Buy Signals soon. We are waiting for more Leaders to return to the Green Zones.
The US Dollar and long term Interest Rates have corrected back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) should bounce back up for Buy Signals soon.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone (like now!).
BUYS TODAY 12/8/2022
EWW MEXICO FUND Money Wave Buy today, but EWW will not be Bought or Logged as the Volume is below average of 2.3 MIL.
FTI TECHNIPFMC PLC Wait for Money Wave Close > 20 with High Volume.
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 TESTING SYSTEMS Up 8.5 % today. AVOID. Money Wave must Close in the Green Zone.
DHT DHT HOLDINGS Wait for Money Wave Close > 20 with High Volume.
FSLR FIRST SOLAR INC. Wait for Money Wave Close > 20 with High Volume.
TBT INVERSE T-BOND FUND Buy above the Pink Line around $29.45 with High Volume with a 5% Trailing Sell Stop Loss below it.
YPF YPF SOCIEDAD (ENERGY) Wait for Money Wave Close > 20 with High Volume.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY NONE TODAY
DAY TRADING SETUPS. A few Triple Buy Pops today: TQQQ (+4.5%) TARK (+5%) & SOXL (+8%) . ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Way Below the Green Line.
Crude Oil was down $0.43 today at $71.57.
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 Dec 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 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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