Money Wave Alert! Apr 23, 2024

POST UPDATED: April 23, 2024

Table of Contents

SPY chart
Swing Trade Buy Signal today on S&P 500 Fund $SPY, but the Relative Strength is below 80 required.

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

4/23/2024  Markets were higher again today as the Techs and Semiconductors bounced up a little more. More Swing Trade Buys today, but the Volume was not high. Lots of Short Covering today. Normally the Markers will go down one more soon to retest the recent Lows.

A “Double Bottom” tomorrow, or a higher low could bring in more Buyers, on a successful retest. Try to only Buy Securities that are still above the Red Lines (50-day avgs.), as they normally bounce up first.

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.  ______________________________________________________________________________

BUYS TODAY   4/23/2024          

AMZN      AMAZON.COM     Swing Trade Buy today, but the Volume was not high (2 Star trade). 

ITB      HOME BUILDING FUND     Swing Trade Buy today, but the Volume was not high (2 Star trade). 

QQQ      NASDAQ 100 FUND     Swing Trade Buy today, but the Volume was not high (2 Star trade). 

SMH       SEMICONDUCTOR FUND        Swing Trade Buy today, but the Volume was not high (2 Star trade). 

BUYS TOMORROW             

MU      MICRON TECH      Wait for Daily 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     NONE TODAY            

 

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     

We won’t Sell anything again today, and Bet on a Bond rally very soon (Lower Interest Rates).     

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DAY TRADING SETUPS.  Today 4 trades for $1149.00. 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 Trading Room for quick trades. Or look for Triple Buy Pops (3 Green Circles). Big Movers today:  SOUN (+10%) MARA (+12%) & JMIA (+12%).

Try out the Side by Side layout.       DAY TRADING FOR INDICES & LARGE CAPS CHARTS.

Bonds were down today and are Below the Green Line.  

Crude Oil was up $1.33 today at $83.48.

MY TRADING DASHBOARD 
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
STAGE CHART INVESTING
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM   
New TOP 100 LIST Updated Apr 1, 2024  

* Safer Trades that meet ALL three criteria will be classified as 3 STAR, while trades that only meet two of the three criteria will be flagged as 2 STAR (more risk).   

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