Markets were higher today as the Indices are trying to bounce up off the Pink Lines (10-day avgs.) So far the bounce is not very strong. A very strong Market would have popped up big yesterday off the Pink Lines, but the Markets are still near Highs. Please be patient and Wait for more Green Zone Money Wave Buy Signals soon with higher Volume.
New Investors: The Watch List is growing, so we should have a rally soon as the Leaders are returning to their Green Zones. Please be patient and WAIT. It does not take that long. The better trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were down today, but are back Above the Green Line..
Crude Oil was down $0.77 today at $80.82.
BUYS TODAY 11/12/2021
JUMP START SCROLLING CHARTS: (Buy 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.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines). RSX RUSSIA FUND
RSX RUSSIA FUND EXIT if it is going to Close below Support of $31.72. This trade was not logged.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.
HAVE A NICE WEEKEND!