Markets were slightly lower today on more profit taking with low Volume. The Indices mostly fell below the Pink Lines, creating short term Sell Signals. We are waiting for more Leaders to return to the Green Zones for more Buy Signals.
The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
_________________________________________________________________________________________________________________
BUYS TODAY 11/29/2022
PSQ INVERSE NASDAQ 100 FUND Moved above $14.02 but the Volume was not High. AVOID.
BUYS TOMORROW
ARDX ARDELYX INC. Wait for Money Wave Close > 20 with High Volume.
TBT INVERSE T-BOND FUND Buy above the Pink Line around $31.98 with High Volume with a 5% Trailing Sell Stop Loss below it.
TSLQ INVERSE TESLA FUND Buy above $59.17 with High Volume with a 5% Trailing Sell Stop Loss below it.
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
DXCM DEXCOM INC. Money Wave must Close in the Green Zone.
EURN EURONAV NV Wait for Money Wave Close > 20 with High Volume.
FRO FRONTLINE INC. 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.
SELLS TODAY
ARRY ARRAY TECH EXIT if it is going to Close below the Pink Line around $21.40. The Target was already Hit at $22 for a 19 % Gain.
____________________________________________________________________________________________________
DAY TRADING SETUPS. A few Triple Buy Pops today: BBBY (+8%) HUSA (+6%) & CCL (+6%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today and are Way Below the Green Line.
Crude Oil was up $1.21 today at $78.45.
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 Nov 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 Security 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
– PSQ