SPX Chart
The S&P 500 Index is still trying to get above the previous High.

MARKETS WILL BE CLOSED ON MONDAY FOR MEMORIAL DAY HOLIDAY

Markets were higher today on more weak Buying. Volume was Low before the Holiday, and not much action. Many Indices and Big Caps are back up in the Red Zones (probably too late to Buy for the Short Term). The DOW 30 Index and the S&P 500 now need to make Higher Highs to avoid a “Double Top”. Volume is lower so we are reluctant to Buy much.

NEW SUBSCRIBERS: The Watch List below is down to only 2 Positions (WAIT). Please WAIT for Money Wave Buy Signals with High Volume. The Low Volume recently has WARNED us against Buying much at this time.  The better trades happen when the S&P 500 Index is also in the Green Zone. 

A few pops today on DAY TRADING SETUPS

Bonds  were mixed today, and are below the Green Line.

Crude Oil was down $0.40 today at $66.45.

BUYS TODAY    5/28/2021   

EYES      SECOND SIGHT MEDICAL      Bought today above $5.77. Target is $8.00. EXIT below $5.77. (5 % off today’s High).

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

NONE TODAY

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WATCH LIST

WATCH LIST SCROLLING CHARTS (Real Time)           

CLNE      CLEAN ENERGY FUELS    Buy above $8.65 with High Volume with a 5% Trailing Sell Stop Loss below it.       

SB      SAFE BULKERS 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.
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   

DDD      3D SYSTEMS CORP.      Target was Hit at $32. DDD has bounced up 77%  up off the Green Line recently (The first Buy was way too early). We will try to Buy again lower. This trade was not logged.     

RIOT      RIOT BLOCKCHAIN      EXIT if it is going to Close below $27.19.

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 May 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, or Low Volume. These have more risk. 

 

HAVE A NICE WEEKEND!

Related Post

Money Wave Alert! May 27, 2021

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