SPX Chart
S&P 500 Index needs to exceed last week’s High to remain in Bullish trend.

Markets were higher as the Indices need to Close higher than last week’s high, and try to Close Above the Green Lines, like the DOW 30 Index has done. Volume was low, as the Markets are more over-bought for the short term.

The US Dollar and long term Interest Rates are still correcting back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) are back down in the Green Zones for Buy Signals soon. Maybe RAISE some Cash on your Stocks.

Please be patient and wait for Buy Signals for that are still Above the Green Lines.  BUYS SOON – CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. 

_________________________________________________________________________________________________________________

BUYS TODAY   11/22/2022    NONE TODAY 

 

BUYS TOMORROW         

GSAT      GLOBALSTAR INC.      Wait for Money Wave Close > 20 with High Volume.      

PSQ      INVERSE NASDAQ 100 FUND      Buy above $14.02 with High Volume with a 3% Trailing Sell Stop Loss below it.  

YPF      YPF SOCIEDAD (ENERGY)       Money Wave must Close in the Green Zone. 

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               

DXCM      DEXCOM INC.      Money Wave must Close in the Green Zone.

FREY      FREYR BATTERY      Wait for Money Wave Close > 20 with High Volume. 

TBT      INVERSE T-BOND FUND     Buy above $33.11 with High Volume with a 5% Trailing Sell Stop Loss below it. 

YANG      INVERSE CHINA FUND (Leveraged 3 X High Risk)     Wait for Close Above the Green Line & 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    NONE TODAY            

____________________________________________________________________________________________________

DAY TRADING SETUPS.  A few Triple Buy Pops today: CPRX (+13%) MARA (+5%) UNG (+5%) & SOXL (+6%). ( Try out the New Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

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

Crude Oil was up $1.02 today at $81.06.

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.   

Related Post

GSAT

Leave a Reply