SLX Chart
The Steel Fund is makings Highs (Wait for Pull-back).

 

Markets are higher today but the Volume is Low. The S&P 500 is back above the Pink Line of 2683 (10-day avg.) to avoid a Short Term Sell Signal.  

Most Leading Funds are up near the Red Zones. Please wait for the Money Wave Indicators to return to the Green Zones. 

When the Markets pull-back, try to Buy Investments that recently made new Highs. 

Crude Oil  is up today at $60.40, a New High.

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

 

BUYS TODAY     

 

INTC    INTEL CORP.    Money Wave Buy today.  We will not log INTC, as it is Way Above the Green Line.   

MU    MICRON TECH    Money Wave Buy today.  We will not log MU, as it is already up 5% today.   

TWTR    TWITTER INC.    Money Wave Buy today.  We will not log TWTR, as it is Way Above the Green Line. 

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

 

Money Wave Buys soon for:

NTAP   NETWORK APPLIANCE
RIOT    RIOT BLOCKCHAIN
ZAGG   ZAGG INC.   

Please be patient and wait for Money Wave Buys soon.  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 still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY    NONE TODAY    

 

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.

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