Money Wave Alert! Apr 11, 2019

POST UPDATED: February 9, 2024

Table of Contents

XLK Chart
The Tech Fund (XLK) is still creeping higher.

 

Markets were down slightly today more low Volume. The S&P 500 Index need to hold above the Pink Line of 2876 to avoid a Short Term Sell Signal.

Please WAIT for the Leaders to return back down to their Green Zones for Money Wave Buy Signals. 

Crude Oil was down $1.00  today at  $63.65.

__________________________________________________________________________________________________

The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY   

 

NCC.IN     NCC LTD. (INDIA)    Money Wave Buy today. Target is $116.00.  EXIT if it is going to Close Below Support of  $101.20. (Not sure you can Buy NCC in the US).

YUMC   YUM CHINA HOLDINGS       Money Wave Buy today. Target is $46.50.  EXIT if it is going to Close Below Support of  $42.53.

 

ANF    ABERCROMBIE & FITCH     Money Wave Buy today.  ANF will not be logged as the Volume is below average.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys Signals Soon:   (Best to Buy when the S&P 500 is also in the Green Zone.)  

AMD    ADVANCED MICRO    Money Wave must Close in the Green Zone.   

CGC    CANOPY GROWTH        Medium Term Buy when it Closes above the Red Line of $43.53.   

SID     COMPANHIA  SIDERURGICA SA

 

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 Way Above the Green Lines (all Investments eventually return to their Green Lines).

______________________________________________________________________________________

SELLS TODAY    

 

CHANGE    CRON   CRONOS GROUP    to Long Term (Sell Stop Loss Below the Green Line of $12.62) until it bottoms.

EXIT    AU    ANGLOGOLD LTD.     if it is going to Close below the Red Line of  $13.30. 

EXIT    GDX    GOLD MINING FUND    if it is going to Close below the Red Line of  $22.19. 

 

EXIT    AMD     ADVANCED MICRO     if it is going to Close below the Pink Line around $27.70.  This trade was not logged.

EXIT    WPM    WHEATON PRECIOUS METALS     if it is going to Close below your Buy Price, or $23.44.  This trade was not logged.

 

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.

Related Post

Money Wave Alert! Apr 10, 2019

Become a Greenliner. Join Today

Candlestick. A Swing Traders Friend

A snapshot of the daily updates that help traders stay aligned with market direction.

Download our free ebook - Candlestick A swing traders friend