Markets were sharply lower today as the Indices are correcting some of the big rally for the last four weeks, on Wave 4 down.
Most of the major Indices are back below the Green Lines after getting short term Sell Signals last week. But the Indices are quickly returning back down into the Green Zones and should be over-sold soon. Then we will Buy the Leaders again for the Wave 5 rally back up.
Please be patient and wait for Buy 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.
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BUYS TODAY 8/22/2022 NONE TODAY
BUYS TOMORROW – SWING TRADING STOCKS
BE BLOOM ENERGY CORP. Wait for Money Wave Close > 20 with High Volume.
ENVX ENOVIX CORP. Money Wave must Close in the Green Zone.
PLUG PLUG POWER INC. Wait for Money Wave Close > 20 with High Volume.
VERU VERU INC. Wait for Money Wave Close > 20 with High Volume.
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.
BUYS SOON
FOLD AMICUS THERA. 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. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
UUP US DOLLAR FUND The Target Hit at $29.15 for a 2.5 % Gain.
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DAY TRADING SETUPS. A few Triple Buy Pops today: HUSA (+10%) SQQQ (+8%) TZA (+7%) VIXY (+7%) & SOXS (+11%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down again today and are Way Below the Green Line.
Crude Oil was up $0.10 to $90.54.
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 Aug 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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– BE