MARKETS WILL BE CLOSED TOMORROW NOV. 24TH FOR THANKSGIVING HOLIDAY.
Markets were higher again today as the Indices are re-testing last week’s high, and need to Close higher to remain in an uptrend. The Indices also need to Close Above the Green Lines, like the DOW 30 Index has done. Long Term Interest Rates and the US Dollar were lower again, as they continue their Correction. Volume was low again, and the Markets are over-bought for the short term. We are waiting for more Leaders to return to the Green Zones for more Buy Signals.
The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 11/23/2022 NONE TODAY
GSAT GLOBALSTAR INC. Buy above $1.92 with High Volume with a 5% Trailing Sell Stop Loss below it.
PSQ INVERSE NASDAQ 100 FUND Buy above $14.02 with High Volume with a 3% Trailing Sell Stop Loss below it.
Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
DXCM DEXCOM INC. Money Wave must Close in the Green Zone.
FREY FREYR BATTERY Money Wave must Close in the Green Zone.
PDD PINDUODUO INC. Money Wave must Close in the Green Zone.
TBT INVERSE T-BOND FUND Buy above $33.11 with High Volume with a 5% Trailing Sell Stop Loss below it.
YANG INVERSE CHINA FUND (Leveraged 3 X High Risk) Wait for Close Above the Green Line & 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.
SRPT SAREPTA THERA. Target was Hit at $115 for a 10.6% Gain. This trade was not logged.
UNG US NAT’L. GAS FUND Slipped below the Buy Price of $24.09 and was Stopped Out even. We will try to Buy again lower.
DAY TRADING SETUPS. A few Triple Buy Pops today: AMC (+8%) BBBY (+7%) TARK (+7%) UNG (+7%) & SOXL (+6%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Way Below the Green Line.
Crude Oil was down $3.64 today at $77.31.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Nov 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 Security 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.
HAVE A NICE THANKSGIVING!
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