Markets were mostly higher today as the Indices are very over-sold for the Short Term The Indices are still battling near the Green Lines, but the Volume is drying up so maybe most of the Selling is over for a while. So far the S&P 500 has held above Monday’s Low and needs to bounce soon to be Bullish. Many Investors cannot make a decision, and are waiting for some Good News.
FEAR is High now, and that is when we like to Buy. Normally the Indices that made fresh New Highs recently like the S&P 500 and DOW 30 Indices will bounce up again to re-test the Highs. Weaker Investments might not get back up past the Red Lines (50-day avgs.)
New Subscribers: Please WAIT for more Money Wave Buy Signals soon. Money Wave pops work best when the S&P 500 Index is coming out of the Green Zone.
BUYS TODAY 1/28/2022 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 higher again today, but are Below the Green Line.
Crude Oil was up $0.47 today at $87.07, a New High.
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 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!