UUP Chart
The US Dollar Fund (UUP) is back down in the Green Zone, but the Relative Strength has dropped to 77.

Markets were mostly higher today as Investors wait for the Election results possibly tonight. The strongest Index is the DOW 30 INDEX, and it was able to exceed last Thursday’s high. The other major Indices are weaker and are still below last Thursday’s high. 

We are waiting for the US Dollar and long Rates to correct back down towards the Green Lines. Thank you for being patient.

Please be patient and wait for Buy Signals for 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   11/8/2022       NONE TODAY

 

BUYS TOMORROW      

HLIT      HARMONIC INC.     Wait for Money Wave Close > 20 with High Volume.       

SRPT      SAREPTA THERA.      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                    

PAYO      PAYONEER GLOBAL INC.      Wait for Money Wave Close > 20 with High Volume. 

YANG      INVERSE CHINA FUND (Leveraged 3 X High Risk)  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.   

SELLS TODAY             

AEHR      AEHR TESTING SYSTEMS.      Target Hit at $22 for a 3.2 % Gain.  This trade was not logged.     

CPRX      CATALYST PHARMA.      Target Hit at $15.50 for a 10.9 % Gain.  This trade was not logged.     

SH      INVERSE S&P 500 FUND      Slipped below the Buy Price and was Stopped Out even. (Don’t Take a Loss!)

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DAY TRADING SETUPS.  A few Triple Buy Pops today: ARRY (+9%) LABU (+7%) TQQQ (+6%) SOXL (+10%) & UVXY (+6%). ( Try out the New Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were up today but are Way Below the Green Line.  

Crude Oil was down $2.93 today at $89.16.

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 Nov 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 Security 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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