SPX 60 Chart
The S&P 500 Index is slowly going down to re-test the recent Lows on lower Volume.

Markets were lower again today, as the Indices are going back down to re-test the lows of January. If the Markets are going to rally soon, then this Wave 2 down should end soon. The less that Wave 2 goes down this time, the stronger that the next Wave 3 up rally should be.

Investors that follow the News are worried about Russia, FED Tightening, Covid, etc. But we Follow the Money, and the Selling Volume has been lower this time down, and the FEAR is High (usually a good time to Buy soon).

The stronger DOW 30 and S&P 500 Indices that made fresh New Highs in January like the S&P 500 and DOW 30 Indices should re-test the Highs if this current decline ends soon. Weaker Investments might not get back up past the Red Lines (50-day avgs.)

New Subscribers:  There are only 3 Stocks in the Green Zones, so please WAIT for more Money Wave Buy Signals soon. Money Wave pops work best when the S&P 500 Index is back down in the Green Zone (LIKE NOW).

_________________________________________________________________________________________________________________

BUYS TODAY    2/14/2022    NONE TODAY

 

BUYS TOMORROW – JUMP START STOCKS  Shop for a better price earlier in the day. Only use Jump Start on the same day that a Daily Money Wave Buy Signal will occur.       

AR      ANTERO RECOURCES CORP.      Closed above $20.14 on Friday, but the Volume was not high. This trade was deleted.   

XOM      EXXON MOBILE CORP.      Money Wave must Close in the Green Zone.   

BUYS SOON – CHARTS      WATCH LIST

SARK      INVERSE SMALL CAP FUND      Money Wave must Close in the Green Zone.   

XLK      TECH FUND     Wait for the next Daily Money Wave Buy Signal 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.      
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines). 

SELLS TODAY       

KRE      REGIONAL BANKING FUND       EXIT if it is going to Close below the Pink Line around $73.77.    

PFE      PFIZER INC.     EXIT if it is going to Close below the Pink Line around $49.44.    

XLF      FINANCIAL FUND      EXIT if it is going to Close below the Pink Line around $40.14. The Target was already Hit for an 6.6 % Gain.

_________________________________________________________________________________________________________________

DAY TRADING SETUPS.  A few Triple Buy Pops today: CFVI (+6%) LCID (+9%)  & VIX (+14%).  Try out the New Side by Side layout.   

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds  were up today, and are Below the Green Line.     

Crude Oil was up $1.63 today at $94.73 (New High).

_________________________________________________________________________________________________________________

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Feb 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 Investment 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.   

Related Post

AR

Leave a Reply