Money Wave Alert! Mar 22, 2021

POST UPDATED: February 9, 2024

Table of Contents

RIOT Chart
Weakness today on RIOT Blockchain (RIOT).

Markets were higher today on mild buying as the Indices attempt to rally back up to re-test the recent Highs. The Market has no power left as many Investors are reluctant to Buy up at these levels. More Money Wave Buy Signals soon, but the Pops have been weak recently. . 

The Stock Indices and many Leaders are quickly coming down to the Green Zones (probably too late to Sell for the Short Term)  for Money Wave Buy Signals soon. Now is the time to use discipline, and WAIT for Green Zone Buy Signals. It does not take that long. The better trades happen when the S&P 500 Index is also in the Green Zone. 

New additions today to DAY TRADING SETUPS

Bonds  were up today, but are below the Green Line.

Crude Oil was down $0.11 today at $61.33.

BUYS TODAY    3/22/2021   NONE TODAY 

JUMP START: (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

CLR      CONTINENTAL RESOURCES        Buy above $26.75 with High Volume with a 5% Trailing Sell Stop Loss below it.      

FSR      FISKER INC.       Buy above $21.75 with High Volume with a 5% Trailing Sell Stop Loss below it.

MRO      MARATHON OIL        Buy above $11.14 with High Volume with a 5% Trailing Sell Stop Loss below it.

PLUG      PLUG POWER INC.    Buy above $39.97 with High Volume with a 5% Trailing Sell Stop Loss below it.

XLE      OIL STOCK FUND      Buy above $50.35 with High Volume with a 5% Trailing Sell Stop Loss below it.

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WATCH LIST

WATCH LIST SCROLLING CHARTS (Real Time)     

CAN      CANAAN INC. ADR

FUTU      FUTU HOLDINGS ADR

GT      GOODYEAR TIRE      Money Wave must Close in the Green Zone.           

IWM      SMALL CAP FUND      Money Wave must Close in the Green Zone.   

RIG      TRANSOCEAN INC.

Please be patient and wait for Money Wave Buy Signals.  We will email you when they are ready. Follow on the WATCH LIST.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.

The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY  

CGC      CANOPY GROWTH      EXIT if it is going to Close below the Pink Line around $33.92.

ETM      ENTERCOM COMM      EXIT if it is going to Close below the Pink Line around $5.96. The Target has already been Hit.

MJ      MARIJUANA FUND       EXIT if it is going to Close below the Pink Line around $23.65. The Target has already been Hit.     

RIOT      RIOT BLOCKCHAIN       EXIT if it is going to Close below the Pink Line around $59.66. The Target has already been Hit.

Please update your Sell Stops.    

Click for  CURRENT POSITION CHARTS – Real Time  (Please check and adjust your Sell Stops).         
Click for  CLOSED POSITIONS,   
NEW:       MY TRADING DASHBOARD

DAY TRADING SETUPS
NEW:  TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
ETF SECTOR ROTATION SYSTEM   
TOP 100 LIST Updated Mar 1, 2021

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

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.  These have more risk.   

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