![SPY Chart](https://abovethegreenline.com/wp-content/uploads/2021/07/SPY.png)
Markets were slightly higher today on slow Buying. More New Highs again on 3 major Indices but the number of New Highs on Stocks was small. The Small Cap Index is struggling to get above the 50-day average.
The Indices are stretched Way Above the Green Lines as novice Investors continue to Buy on FOMO (Fear of Missing Out). The Indices are being held up with Buying of the very largest Companies.
NEW SUBSCRIBERS: Markets are Way Above the Green Lines and Buying has weakened for many stocks. That is when new investors LOSE Money. Please WAIT for the Volume to improve. The low Volume recently has WARNED us against Buying much at this time. The better trades happen when the S&P 500 Index is also in the Green Zone.
New adds today on DAY TRADING SETUPS
Bonds were lower today, but are back above the Green Line.
Crude Oil was down $0.36 today at $74.20.
BUYS TODAY 7/12/2021 NONE TODAY
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JUMP START SCROLLING CHARTS: (Buy Signal should be very soon… Click on the Jump Start link for more info.)
BB BLACKBERRY LTD. Buy above the Pink Line around $11.95 with High Volume with a 5% Trailing Sell Stop Loss below it.
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WATCH LIST SCROLLING CHARTS (Real Time)
ATOS ATOSSA GENETICS Buy above $6.08 with High Volume with a 5% Trailing Sell Stop Loss below it.
BLIN BRIDGELINE SOFTWARE Wait for Money Wave Close > 20 with High Volume.
MMAT META MATERIALS INC. Buy above the Pink Line around $6.39 with High Volume with a 5% Trailing Sell Stop Loss below it.
MVIS MICROVISION INC. Buy above the Pink Line around $16.35 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
SPCE VIRGIN GALATIC EXIT if it is going to Close below Support of $43.02. This trade was not logged.
Click for CURRENT POSITION CHARTS – Real Time (Please check and adjust your Sell Stops).
Click for CLOSED POSITIONS,
NEW: MY TRADING DASHBOARDDAY TRADING SETUPS
NEW: TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM
TOP 100 LIST Updated Jul 5, 2021
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.