Markets were sharply higher today as long term Interest Rates have dropped from 3.5 % to 3.15%. Falling Rates and Commodity prices have investors hoping that Inflation has peaked. Now the major Indices are above the Pink Lines (10-day avgs.), so the next Resistance is the Red Lines (50-day avgs.).
The Strongest Leaders & Oil Stocks are down in the Green Zones for more Money Wave Buy Signals soon. Hopefully you have some Cash to Buy the Leaders. Please Wait for the Buy Signals.
The Markets and most Investments are weak (Below the Green Lines), so please be patient and wait for Signals for Investments below 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.
BUYS TODAY 6/24/2022
SWN SOUTHWESTERN ENERGY CO Money Wave Buy today. Target is $8.40. EXIT if it is going to Close below $6.31.
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.
DBC COMMODITY FUND Wait for Money Wave Close > 20 with High Volume.
USO US OIL FUND Buy above $82.33 with High Volume with a 3% Trailing Sell Stop Loss below it.
XLE ENERGY SELECT SECTOR Wait for Money Wave Close > 20 with High Volume.
GOGL GOLDEN OCEAN GROUP Wait for Money Wave Close > 20 with High Volume.
PSQ INVERSE NASDAQ 100 FUND Wait for Money Wave Close > 20 with High Volume.
WEAT WHEAT FUND Wait for Money Wave Close > 20 with High Volume.
XOP OIL & GAS EXPLORATION FUND Wait for Money Wave 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).
SELLS TODAY
RWM INVERSE SMALL CAP FUND EXIT if it is going to Close below the Pink Line around $26.05. The Target was already Hit.
___________________________________________________________________________________________________________________
DAY TRADING SETUPS. Several Triple Buy Pops today: HDSN (+6%) HUSA (+11%) REV (+10%) SOXL (+12%) UDOW (+6%) & SIDU (+6%) Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were lower today, and are Way Below the Green Line.
Crude Oil was up $3.07 at $107.33.
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 Jun 3, 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!
Related Post
– SWN