Markets were down slightly today, but recovered off the Lows. The S&P 500 Index has stalled up near the resistance of the Red Line (50-day avg.) around 4193. It is normal for the Indices to pause or pull back a little after a 9 % rally last week up from the lows.
Long Term Interest Rates should go back up to re-test the Highs, which might cause some Selling. The Volume was below average today which indicates indecision.
The Markets and most Investments are still fairly weak (Below the Green Lines), so please be patient wait for more Money Wave Buy Signals. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (Now in the Red Zone).
BUYS TODAY 6/1/2022
BUYS TOMORROW – SWING TRADING STOCKS
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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SBS Companhia de Saneamento EXIT if it is going to Close below the Pink Line around $9.64. This trade was not logged.
Bonds were down again today, and are Way Below the Green Line.
Crude Oil was up $1.39 at $116.36.
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 May 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.