Markets were lower today as the weaker Indices were not able to bounce up at last week’s Lows. The S&P 500 and NASDAQ 100 Indices made slightly lower lows, but the Small Caps & Semis did not. This was bearish, but the selling Volume was low. We need to see a big bounce up soon which could be a sign of a “Double Bottom” or “W” pattern.
Now we need to WAIT a few days for more Green Zone Buy Signals.
The Markets are currently 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.
BUYS TODAY 5/20/2022
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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).
MOS MOSAIC CO. Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)
Bonds were up today, but are Way Below the Green Line.
Crude Oil was up $0.60 today at $110.47. ________________________________________________________________________________________________________________
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.
HAVE A NICE WEEKEND!