Markets were sharply higher today, as the Indices are trying again to Close above the Red Lines (50-day avgs.) which has been Resistance since May. The Small Caps, DOW 30 and NASDAQ 100 Funds are currently above the Red Lines today, but the Volume is low. Small Caps, Semiconductors, and Tech stocks were much higher.
The Markets might have put in a Higher Low to show a sign of bottoming. Now the Indices need to Close above the late June Highs to be more Bullish (above 3946 on the S&P 500 Index).
The Markets and most Investments are Below the Green Lines, so please be patient and wait for Signals for Investments 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.
BUYS TODAY 7/19/2022
BLU BELLUS HEALTH INC. Money Wave Buy today, buy BLU will not be Bought or Logged as it is already up 4 % today.
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.
TBT INVERSE T-BOND 2X FUND Buy above $26.60 with High Volume with a 3% Trailing Sell Stop Loss below it.
UUP US DOLLAR FUND Money Wave must Close in the Green Zone.
BUYS SOON
DG DOLLAR GENERAL CORP. Wait for Money Wave to Close > 20 with High Volume.
PSQ INVERSE NASDAQ 100 FUND Wait for Money Wave to Close > 20 with High Volume.
SH INVERSE S&P 500 FUND Wait for Money Wave to 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
BMY BRISTOL MYERS SQUIBB EXIT if it is going to Close below Support of $73.24. This trade was not logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: MARA (+26% ) HUSA (+17%) LABU (+13%) & LCID (+6%) SOXL (+14%). 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 $1.43 at $104.03.
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 Jul 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.
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– DG