Markets were slightly higher today as the major Indices are struggling to get above the Pink Lines (10-day avgs.) But the strong stocks that have benefitted from the Russian war this year were all having major profit taking (Wheat, Chemicals, Fertilizers, Nat Gas, Commodities, & Oil. Many of these are quickly down near the Green Lines, but most still have high Relative Strength and are in the Watch List below.
The Strongest Leaders & Oil Stocks are down in the Green Zones for more Money Wave Buy Signals soon. Hopefully you have some Cash to Buy the Leaders. Please Wait for the Buy Signals.
The Markets and most Investments are weak (Below the Green Lines), so please be patient and wait for Signals for Investments below that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 6/23/2022 NONE TODAY
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.
DBC COMMODITY FUND Wait for Money Wave Close > 20 with High Volume.
SWN SOUTHWESTERN ENERGY CO Wait for Money Wave Close > 20 with High Volume.
USO US OIL FUND Wait for Money Wave Close > 20 with High Volume.
XLE ENERGY SELECT SECTOR Wait for Money Wave Close > 20 with High Volume.
GOGL GOLDEN OCEAN GROUP Buy above $12.96 with High Volume with a 5% Trailing Sell Stop Loss below it.
WEAT WHEAT FUND Wait for Money Wave Close > 20 with High Volume.
XOP OIL & GAS EXPLORATION FUND 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).
CF CF INDUSTRIES EXIT if it is going to Close below Support of $84.60. This trade was not logged.
MOS MOSAIC CO. EXIT if it is going to Close below Support of $49.00. This trade was not logged.
MRK MERCK & CO. EXIT on the Close today or have a tight Sell Stop below it to capture an 8 % Gain in 5 days.
UUP US DOLLAR FUND EXIT if it is going to Close below the Pink Line around $27.88. The Target was already Hit.
XME METALS & MINING FUND LOWER the Sell Stop Loss be $41 until it bottoms.
XOM EXXON MOBIL CORP. LOWER the Sell Stop Loss be $82 until it bottoms.
DAY TRADING SETUPS. A few Triple Buy Pops today: BBIG (+9%) RBLX (+9%) SIGA (+8%) & LCID (+9%) Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are Way Below the Green Line.
Crude Oil was down $1.83 at $104.36.
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 Jun 3, 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.
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