Markets were lower again today as the Indices are still correcting some of the big rally they had from the Lows of last Thursday. Currently all of the major Indices are still Below the Green Lines, so we are being cautious now. Investor FEAR is high now, but human emotions are temporary and the Selling should dry up soon if the Markets can hold above Thursday’s lows.
FEAR is usually a good time to Buy. But we don’t want to be the only ones Buying, so we are waiting on improved Buying Volume. Crude Oil made New Highs today at $103.75 a barrel.
New Subscribers: The Market is still weak, so please be patient and Wait for more Buy Signals soon. The Volume is low, telling us that many Investors are not Buying yet. We need High Volume for better moves up. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 3/1/2022
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).
CVS CVS HEALTH CORP. EXIT if it is going to Close below the Red Line of $102.43.
TS TENARIS SA Target was Hit at $26.25 for a 3.7 % Gain.
VLO VALERO ENERGY CORP. EXIT if it is going to Close below Support of $82.31.
Bonds were higher today, but are Below the Green Line.
Crude Oil was up $8.15 today at $103.75, an 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 Mar 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.