TYX Chart
Long term Interest Rates (TYX) need to start down soon for Stocks to rally.

 

Markets were mixed today, as the Markets wait on the FED Meeting results on Wednesday. Many still are waiting on long term Interest Rates to drop which should broaden the Stock Market rally. The Leaders & Indices were back up near the Red Zones again (probably too late the Buy for the short term). Crude Oil hit $91.

Bonds are holding up above the previous low (Support) but no new Buyers yet.  We took profits on the Inverse Bond Fund TBT  today for a quick trade back up. 

Now we need to wait for more Buy Signals soon, coming up out of the Green Zones.  CHARTS  The best moves happen when the S&P 500 Index is also coming up out of the Green Zone. 

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BUYS TODAY   9/18/2023                  

AAOI       APPLIED OPTOELECTRONICS    Money Wave Buy today, but AAOI will not be Bought or Logged as the Volume is below average of 4.4 MIL.

ANF      ABERCROMBIE & FITCH       Money Wave Buy today, but ANF will not be Bought or Logged as the Volume is below average of 2 MIL.

CX      CEMEX SA      Money Wave Buy today, but  the Volume is below average of 7.3 MIL.  AVOID.

We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.   

BUYS TOMORROW               

FSLY      FASTLY INC.      Wait for Daily Money Wave Close > 20 with High Volume.   

SMCI      SUPER MICRO COMPUTER INC.      Wait for Daily Money Wave Close > 20 with High Volume. 

VFS      VINFAST AUTO LTD       Buy above $18.33 with High Volume with a 3% Trailing Sell Stop Loss below it.    

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                     

IONQ      IONQ INC.      Wait for Daily Money Wave Close > 20 with High Volume.   

PR      PERMIAN RESOURCES      Wait for Daily 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.   

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.

SELLS TODAY                 

AMZN      AMAZON.COM INC.    EXIT if it is going to Close below the Pink Line around $140.26. The Target was already Hit at $142 for a 5.8 % Gain.

UBER      UBER TECH.      EXIT if it is going to Close below the Pink Line around $47.34. The Target was already Hit at $48.50 for a 7.9 % Gain.

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DAY TRADING SETUPS.  Day Trading Alerts are now being sent out on our new Discord Site with Live Chatting. Please install Discord app on your pc or cell for mobile notifications. Also follow our YouTube Live Stream for quick trades. Or look for Triple Buy Pops (3 Green Circles). Movers today:   VIX (+6%) LABD (+5%) & SOXLS (+4%). Try out the Side by Side layout.      

DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down today but are Below the Green Line.  

Crude Oil was up $0.85 today at $91.01.

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 Sep 1, 2023

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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