Markets were higher again today as the FEAR has disappeared, and the Indices are returning back up to the Green Lines (like they always do).
Many are hoping that the Markets have bottomed, but most investments are still Below the Green Lines (Bearish) and could have trouble getting back above the Green Lines until the FED starts Printing again. Maybe $Billions of more spending by Congress might work, instead. The next Resistance is the Green Lines for the Indices (above 4201 on the S&P 500 Index).
Please be patient and wait for Buy Signals for Investments 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.
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BUYS TODAY 7/29/2022 NONE TODAY
BUYS TOMORROW – SWING TRADING STOCKS
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.
LI LI AUTO INC. Buy above $33.55 with High Volume, with a 5% Trailing Sell Stop Loss below it.
VERU VERU INC. Wait for Money Wave to Close > 20 with High Volume.
BUYS SOON
DLTR DOLLAR TREE INC. Money Wave must Close in the Green Zone.
TBT INVERSE T-BOND 2X FUND Buy above $25.16 with High Volume with a 3% Trailing Sell Stop Loss below it.
UUP US DOLLAR FUND Wait for Money Wave to Close > 20 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).
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SELLS TODAY
MRK MERCK & CO. EXIT if it is going to Close below Support of $88.91. This trade was not logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: HUSA (+8%) & TQQQ (+6%) . Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today, but are Way Below the Green Line.
Crude Oil was up $2.10 at $98.52.
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 Jul 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.
HAVE A NICE WEEKEND!
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– LI