Markets were higher again today on follow thru buying from yesterday. Now the DOW 30 & S&P 500 Indices are both back Above the Green Lines, and many of the Short Sellers are having to cover or Buy back their positions.
But the weaker NASDAQ 100 & Small Cap Indices are still below the Green Lines, so all is not well. The strong Commodities have corrected back down to the Green Zones for some Buy Signals. We currently only have 4 of 10 positions, and hope to Buy more soon after this emotional Flushing is over.
New Subscribers: We are cautious now as the Volume is low. We need High Volume for better moves up. Please be patient and Wait for more Buy Signals soon. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 3/17/2022
IAU GOLD FUND Money Wave Buy today. Target is $38.75. EXIT if it is going to Close below $36.03.
AA ALCOA CORP. Money Wave Buy today, but AA will not be Bought or Logged as it is already up 7% today on lower Volume. Maybe you bought on the JUMP START. Or maybe Buy soon around $74.
USO US OIL FUND Money Wave Buy today, but USO will not be Bought or Logged as it is already up 8% today on lower Volume. Maybe you bought on the JUMP START. Or maybe Buy soon around $71.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW – JUMP START STOCKS Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.
SLB SCHLUMBERGER LTD. Wait for Money Wave Close > 20 with High Volume.
XOM EXXON MOBILE CORP. Wait for Money Wave Close > 20 with High Volume.
F FORD MOTOR CO. Buy above $Buy above $76.79 with a 5% Trailing Sell Stop Loss below it.16.83 with High Volume with a 5% Trailing Sell Stop Loss below it.
PBR PETROBRAS ENERGY Money Wave must Close in the Green Zone.
SARK INVERSE ARK INNOVATION FUND Money Wave must Close in the Green Zone.
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
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DAY TRADING SETUPS. Several good Triple Buy Pops today. BBIG (+7%) CEI (+11%) DNN (+11%) HUSA (+30%) IMPP (+33%) RBLX (+9%) & USO (+8%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were lower today, and are Below the Green Line.
Crude Oil was up $7.56 today at $102.60.
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MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
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.
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– IAU