SPX chart
The S&P 500 60-minute chart stalled out today $SPX.

SWING TRADING (SHORT TERM)
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5/16/2024  Markets were mixed today after yesterday’s big gain. Bonds struggled, so the Markets had no fuel to go higher. The Leaders & Techs are up in the Red Zones (probably too late to Buy for the short term).  The GREED Index made another new high today, so be cautious in Buying now. Usually Smart Money takes profits when Greed is high.

Wait for more Buy Signals soon, coming up out of the Green Zones.  CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.  ______________________________________________________________________________

BUYS TODAY   5/16/2024                     

GE      GENERAL ELECTRIC      Swing Trade Buy today, but the Volume was not high (2 Star trade).

BUYS TOMORROW               

SMMT      SUMMIT THERA.       Wait for Daily Money Wave Close > 20 with High Volume.   

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.  

BUYS SOON     NONE TODAY              

Please be patient and Wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.       

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 Security has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.

SELL TODAY  

HOOD      ROBINHOOD MKTS.      Target was Hit at $19 for a 5.4 % Gain.

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DAY TRADING SETUPS.  Today 3 trades for $380.00. Day Trading Alerts are now being sent ou The t on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications.

Also follow our Trading Room for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today:  JMIA (+5%) UNG (+5%) & HOOD (+6%).

Try out the Side by Side layout.       DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down today and are Below the Green Line.  

Crude Oil was up $0.68 today at $79.32.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
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STAGE CHART INVESTING
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated May 1, 2024  

* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).   

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