DIA Chart
The DOW Index is creeping back up to the January Highs.

 

Markets were mixed today, but the DOW INDEX was higher as it is still not back up to the January Highs. The Strongest Leaders need to make New Highs soon for the rally to continue.  

The S&P 500 has Support at the January High of 2872… Closing below that could be “Bearish”. The Markets should attempt to re-test the recent Highs soon.

 

Crude Oil was up today at $71.20.

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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.

 

BUYS TODAY   

 

FNKO    FUNKO CORP.      Money Wave Buy today.  FNKO will not be logged as the Volume and lift-off are not great today.   

We will “Not Log” trades if the Reward/Risk is not at least 2:1.  

 

Money Wave Buys Signals Soon:

AAPL    APPLE, INC. 

GERN    GERON CORP.

HEAR    TURTLE BEACH CORP.    

SQ    SQUARE, INC.

TNDM    TANDEM DIABETES    Money Wave must Close in the Green Zone.

  

Please be patient and wait for Money Wave Buy Signals.  We will email you when they are ready. Click on Watch List.

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY   

 

EXIT   KDP    KEURIG DR. PEPPER    if it is going to Close below the Pink Line around  $23.53 on the Close.

EXIT   TEAM    ATLASSIAN CORP.   if it is going to Close below the Pink Line around  $90.28 on the Close.  This trade was not logged.

 

Please Check   PORTFOLIO  (Open Positions) and adjust your Sell Stops.

Click for  CLOSED POSITIONS.

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.

Related Post

Money Wave Alert! Sep 18, 2018

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