Markets were sharply higher today as the buying continued and the Sellers were gone. The Indices were stretched down Way Below the Green Lines on FEAR. Now the Indices gapped up above the Pink Lines (10-day avgs.) forcing the Short Sellers to cover (Buy back their stock).
Some are betting that the S&P 500 is doing a “W” pattern by bouncing up off of the June Support. But we need the US Dollar and long Term Interest Rates to correct back down towards the Green Lines. These have been keeping Stocks from bottoming.
Please be patient and wait for Buy Signals for Securities 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 10/4/02022 NONE TODAY
BUYS TOMORROW
NAT NORDIC AMER. TANKER Wait for Money Wave Close > 20 with High Volume.
TCRT ALAUNOS THERA. Wait for 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.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS SOON
DHT DHT HOLDINGS Wait for Money Wave Close > 20 with High Volume.
HRB H&R BLOCK Wait for Money Wave Close > 20 with High Volume.
SAVA CASSAVA SCIENCES Money Wave must Close in the Green Zone.
SIGA SIGA TECH. Buy above $11.25 with High Volume with a 5% trailing Sell Stop Loss below it.
UUP US DOLLAR 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.
SELLS TODAY
PBR PETROBRAS ENERGY EXIT below your Buy Price or $13.52. Don’t Take a Loss! Get out even.
SARK INVERSE ARK INNONAVTION FUND EXIT if it is going to Close below the Pink Line around $60.69. The Target was already Hit at $60 for a 12.9 % Gain.
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DAY TRADING SETUPS. Several Triple Buy Pops today: AMC (+16%) MARA (+16%) SOXL (+13%) TQQQ (+8%) TARK (+14%) & UDOW (+8%). ( 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 $2.60 today at $86.23.
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 Oct 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.
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– NAT