Markets were lower today after rallying up for a while in the morning. The Indices are stretched down Way Below the Green Lines on FEAR. There is a big battle as to whether the S&P 500 will do a “W” pattern and bounce off of the June Support.
The US Dollar and long Term Interest Rates have pulled back slightly, but are bouncing up off the Pink Lines (10-day avgs.) to avoid short term Sell Signals. These are keeping Stocks from bottoming. The Dollar and Interest Rates should correct down soon as they are very over-bought and having Buying Climaxes.
Please be patient and wait for Buy Signals for Securities that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (like now).
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BUYS TODAY 9/30/02022
ENVX ENOVIX CORP. Money Wave Buy today, but ENVX will not be Bought or logged as it is already up 6 % today. Maybe you got some on the Triple Buy Signal earlier.
BUYS TOMORROW
FRO FRONTLINE LTD. Wait for Money Wave Close > 20 with High Volume.
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.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS SOON
DHT DHT HOLDINGS Wait for Money Wave Close > 20 with High Volume.
GIS GENERAL MILLS INC. Wait for Money Wave Close > 20 with High Volume.
SIGA SIGA TECH. Buy above $11.25 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY
KR KROGER CO. Lower Sell Stop Loss below $43.00 until it bottoms.
XLU UTILITIES FUND Lower Sell Stop Loss below $65.00 until it bottoms.
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DAY TRADING SETUPS. A few Triple Buy Pops today: ENVX (+7%) LABU (+10%) & MARA (+6). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Way Below the Green Line.
Crude Oil was down $1.54 today at $79.69.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Sep 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 WEEKEND!
where are etf sector rotation instructions for 9/30/22
Sorry for the delay. With the Market dumping, we lost track.
The new 5 Strongest ETFs with High Volume are:
SPY
QQQ
XLU
XLE
SLV
The only change is to replace XLF with SLV and try to allocate 20% evenly among the 5 Funds.
Thanks for writing!
ATGL