Money Wave Alert! Feb 5, 2024

POST UPDATED: February 5, 2024
SVIX chart
Swing Trade Buy today on Inverse VIX (SVIX- Greed Index).
DAILY SWING TRADING (SHORT TERM)
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2/5/2024  Markets were slightly lower today on normal profit taking. The Semiconductors are struggling back up this time except for NVDA (which Gapped Up today on possible Buying Climax). 

The Buying Volume is constantly low and there is only 1 Stock now on the the WATCH LIST  (be patient and WAIT for more Green Zone Buys soon). The Leaders and Big 7 are still very over bought recently from panic Buying. The weaker Indices need to make higher highs soon for this rally to continue.   

Wait for more Buy Signals soon, coming up out of the Green Zones.  CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. 

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BUYS TODAY   2/5/2024       

SVIX      Inverse VIX Fund (Greed Index)    Swing Trade Buy on SVIX today, but it is already up 3% (* 2 Star trade).

WDC       WESTERN DIGITAL INC.       Swing Trade Buy on WDC today, but the Volume is low (* 2 Star trade).

 * Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk). 

BUYS TOMORROW                  

FUSN      FUSION PHARMA.       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.  

BUYS SOON                     

SMH      SEMICONDUCTOR FUND      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.   

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.

SELLS TODAY           

COIN      COINBASE GLOBAL      Lower the Sell Stop Loss below $115 until it bottoms. The Weekly chart is back down in the weekly Green Zone.

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DAY TRADING SETUPS.  Today 5 trades for $500.00. Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our Trading Room for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today:  TSLQ (+5%) NVDA (+4.5%) & TZA (+6%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down big today and are Below the Green Line.  

Crude Oil was up $0.57 today at $72.84.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Feb 1, 2024

 * Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).   

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