Markets are up again today after dumping back down in the morning, so today could be a Reversal. The Indices are slowly going back down to re-test the October Lows and must stay above the October Lows to remain Bullish..
Many Indices and Leaders are down in their Green Zones for Money Wave Buys soon. Please WAIT for Money Wave Buy Signals.
Crude Oil is up today at $56.45.
The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
CIEN CIENA CORP. Money Wave Buy today. Target is $36. Place Sell Stop Loss below Support of $32.75 on the Close.
I INTELSAT GLOBAL Money Wave Buy today (2nd Buy). Target is $30. Place Sell Stop Loss below Support of $23.85 on the Close.
CGC CANOPY GROWTH Money Wave Buy today. Target is $45. Place Sell Stop Loss below Support of $32.08 on the Close.
Money Wave Buys Signals Soon:
ETSY ETSY, INC.
XLV HEALTH CARE 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. Click on Watch List.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).
EXIT EUM INVERSE EMERGING MARKET FUND if it is going to Close below the Pink Line around $20.19.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
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.