MARKETS WILL BE CLOSED ON MONDAY JAN 16th FOR MLK HOLIDAY.
Markets were slightly higher today on a low Volume trading day. The major Indices and Leaders are over-bought and back up in the Red Zones (probably too late to Buy for the short term),
Also the Greed Index (SVXY) looks like it could be Climaxing soon as investors’ FEAR has disappeared (WARNING). Weak Bottom Fishing Stocks have popped up big this week as the Shorts took profits. But the Shorts should be back again soon to push them back down.
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 (now in Red Zone).
BUYS TODAY 1/13/2023 NONE TODAY
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.
SELLS TODAY NONE TODAY
Bonds were down today and are Below the Green Line.
Crude Oil was up $0.82 today at $78.23.
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 Jan 2 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.
HAVE A NICE WEEKEND!