Markets were sharply higher today as the Sellers dried up for a while. Maybe last week’s decline was perceived as a “Double Bottom” or “W” pattern. That could be Bullish for a larger rally, but today’s low Volume is not impressive.
Now we need to WAIT a few days for more Green Zone Buy Signals.
The Markets are currently weak (Below the Green Lines), so please be patient wait for more Money Wave Buy Signals. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone.
BUYS TODAY 5/23/2022
KR KROGER CO. Money Wave Buy today, but KR will not be Bought or logged as it is already up 4 % today. Maybe later this week around $48.50.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW – SWING TRADING STOCKS 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.
LNG CHENIERE ENERGY Wait for Money Wave Close > 20 with High Volume.
CI CIGNA CORP. Money Wave must Close in the Green Zone.
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.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
SWN SOUTHWESTERN ENERGY CO. Up 8 % today. Bought at $7.37. Do not Take a Loss!
______________________________________________________________________________________________________________
DAY TRADING SETUPS. A few Triple Buy Pops today: BTU (+12%) SWN (+8%) & UDOW (+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 $0.21 today at $110.58. ________________________________________________________________________________________________________________
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated May 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 Investment 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
– UUP