Gasoline Fund could be Bottoming for a Double!
01/08/2017: Well, the Markets were holding up well after the big Trump Rally, and many Leading Funds returned down to the Green Zones. This would normally mean that a strong bounce would occur. However, most Leaders have bounced, but are still below the previous highs, while the major Indices are on Highs. This is not preferred!
Now the Leading Funds are back up in the Red Zones again (probably too late to Buy for the Short Term)… Now you must BE PATIENT, and WAIT for Green Zone Buy Signals.
Recent Money Wave Buys: Many Buy Signals were triggered this week, and some quickly Stopped Out, as the bounces were poor from lack of Buyers. Most HOPEFUL Investors are now IN the Markets and they FEEL GOOD! But Wise Investors TAKE PROFITS when the HERD FEELS GOOD.
There will be some BAD NEWS created, to DUMP the Markets down to the Red Lines (50-day avgs.) or Green Lines (250 day avgs.) Just control your EMOTIONS, and WAIT FOR IT. Train yourself to BUY BAD, SELL GOOD!
LONG TERM TRADES – We are looking for a good Entry Point for these, which could Double:
Please view the WATCH LIST for pending Money Wave Buys.
Wait for Money Wave Buy Signals. We will email you when they are ready.
Click for Open Positions
Click for Closed Positions
Alert! Market Risk HIGH (Red Zone). The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.
Tell your Friend about us, and HELP ANIMALS.
QUESTION: I long in AMD but considering taking profits before Jan 1 due to your analysis that everything is WAY above the Green Line. If I understand correctly, you’re saying there could be a big January sell off (return to Green Line) across the entire market?
ANSWER: We know from history that all Investments will eventually return to the Green Line…Way Above the Green Line is excess emotional buying and GREED.Way Below the Green Line is panic Selling and FEAR.
Normally a strong stock like AMD will tell you when to sell, when it gets Way Above the Green Line, and FAILS to make a Higher High. Then it should correct down near the Red Line, and set up for another re-test of the Highs… AMD should be a good trade back up, when it comes down near the Red Line… Then if it Fails at the previous High or “Double Tops”, it could go down to the Green Line.
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