Markets were mixed today after the Indices bounced up off the Pink Lines (10-day avgs.) to avoid a Short Term Sell Signal. So far the bounce is not very strong. Volume is lower on both Up and Down days, so Investors cannot make a decision to Buy or Sell.
New Investors: The Watch List has quite a few entries, so now we need some good Buying Volume. The Leaders are returning to their Green Zones. Please be patient and WAIT for Money Wave Buy Signals. The better trades happen when the S&P 500 Index is also in the Green Zone.
Bonds were down again today, but are back Above the Green Line..
Crude Oil was up $0.13 today at $80.92.
BUYS TODAY 11/15/2021 NONE TODAY
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).
SELLS TODAY NONE TODAY
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.