Above The Green Line

  • Commentary
    • BUY / SELL SIGNALS
      • Trade Alerts
    • DIVGRO BLOG
    • ETF SECTOR BLOG
    • DOW DOGS BLOG
    • NEWS
    • STOCK IDEAS
  • Strategies
    • SWING TRADING
      • CURRENT POSITIONS
      • WATCHLISTS
      • CLOSED POSITIONS
      • CANDIDATES – TOP 100
      • SPECIALTY STOCKS
    • DAY TRADING
      • Watch List
    • DIVIDEND GROWTH
      • Dividend Growth Portfolio
      • Dividend Calendar
    • DOGS OF THE DOW
      • Dogs of the Dow Portfolio
      • DOW 5 Portfolio
    • ETF SECTOR ROTATION
      • ETF Sector Portfolio
  • Markets
    • US MARKET
      • Commodities
      • Energy
      • Precious Metals
      • Volatility
    • GLOBAL MARKETS
      • MARKET INDICES
      • ECONOMIC CALENDAR
      • FOREX HEAT MAP
      • FOREX CROSS RATES
      • CRYPTOCURRENCY MARKET
    • DASHBOARD
    • IDEAS
  • Investing
    • FORUM
  • Resources
    • ARTICLES
    • WEEKLY STOCK
    • RETIREMENT PLANNING
    • BLOGROLL
    • FAQ
  • About
    • CONTACT US
    • HOW TO WIN
    • #1 AT STOCKCHARTS
  • Log In
  • Subscribe

January 21, 2022

Money Wave Alert! Jan 21, 2022

DIA Chart
The DOW 30 Fund is coming down near the Green Line.

Markets were lower today as the S&P 500 Index could not hold above of Support of 4495 yesterday. Next support is now the Green Line around 4312. Normally the Indices that made fresh New Highs recently like the S&P 500 and DOW 30 Indices will correct down near the Green Lines and then bounce up again to re-test the Highs. Weaker Investments might not get back up past the Red Lines (50-day avgs.) 

The good thing about a pull back like this is that we get to see which Investments are the true Leaders. The Leaders should maintain a High Relative Strength and hold Above the Green Lines. The weakest major Index is the Small Caps, and it is already down 18% from the Highs, and Below the Green Line. On the next rally, you should try to get rid of your weaker Investments. 

Markets might have to return back down near the Green Lines, but we have plenty of CASH to Buy soon. The Markets are adjusting for the FED no longer helping with Printing… 

Try to put new Money into the Leaders that are able to Hold above the Red Lines (50-day avgs.). 

New Subscribers: The WATCH LIST below is growing which normally means that a rally is coming soon. Currently there are over 50 companies down in the Green Zones, but many are sector duplicates with lower Volume. Please WAIT for more Green Zone Buys. Money Wave pops work best when the S&P 500 Index is also in the Green Zone (Like NOW).

_________________________________________________________________________________________________________________

BUYS TODAY    1/21/2022    NONE TODAY

BUYS TOMORROW – JUMP START STOCKS  Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.          

F      FORD MOTOR CO.      Wait for Money Wave Close > 20 with High Volume.       

PFE      PFIZER INC.      Wait for Money Wave Close > 20 with High Volume.       

XLF      FINANCIAL FUND      Wait for Money Wave Close > 20 with High Volume. 

BUYS SOON – CHARTS      WATCH LIST

AEHR       AEHR TESTING SYSTEMS      Wait for Money Wave Close > 20 with High Volume.   

BLU      BELLUS HEALTH INC.     Wait for Money Wave Close > 20 with High Volume.  t.  

HPQ      HP INC.      Wait for Money Wave Close > 20 with High Volume.     

WFC     WELLS FARGO & CO.      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.      
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).   

SELLS TODAY         

AMD      ADVANCED MICRO      LOWER the Sell Stop Loss below $118 until it bottoms. The Money Wave is back down in the Green Zone.

UPST      UPSTART HOLDINGS     LOWER the Sell Stop Loss below $90 until it bottoms. The Money Wave is back down in the Green Zone.

 

TSLA      TESLA INC.     EXIT if it is going to Close below Support of $980. This trade was not logged. The Money Wave is back down in the Green Zone, if you want to keep it.

_________________________________________________________________________________________________________________

DAY TRADING SETUPS.  Only one Triple Buy Pop today: VIX (+10%).  Try out the New Side by Side layout.   

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds  were higher today, but are Below the Green Line.     

Crude Oil was down $1.06 today at $84.49.

_________________________________________________________________________________________________________________

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Jan 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.

HAVE A NICE WEEKEND!

Posted By AbovetheGreenLine at 2:42 pm 1 Comment Tagged With: premium

Comments

  1. merryme says

    January 21, 2022 at 2:54 pm

    Thank you for being available to provide direction on our way through this correction. It’s rather exciting.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

Voted #1 at Stock Charts

SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

Help Us Help Animals

Help Us Help Animals

Recent Comments

  • Green Line Weekly Sep 3, 2023 – Omni Legal on Green Line Weekly Sep 3, 2023
  • AbovetheGreenLine on Green Line Weekly Aug 27, 2023
  • lbrodt on Green Line Weekly Aug 27, 2023
  • Mitch Van Zelfden on Money Wave Alert! Jul 31, 2023
  • AbovetheGreenLine on Money Wave Alert! Jul 31, 2023

Become a Green Liner!
Become a Green Liner!

Help me make more Money in the Stock Market.

Above the Green Line

ON ATGL

  • Weekly Commentary
  • Intraday Buy / Sells
  • Day Trade Setup

STRATEGIES

  • Swing Trading
  • Dividend Growth
  • ETF Sector Rotation
  • Dogs of the Dow

HELP

  • ATGL Trading Rules
  • FAQ
  • Account Maintenance
  • Contact US

© Copyright 2021 · AboveTheGreenLine.com · All Rights Reserved · Privacy · Terms · Contact · WatchList · Current