Buy / Sell Signals

 

Markets have become frustrating as the Leaders and Indices have not returned back down to the Green Zones in 3 weeks. Today the Markets were higher as the Techs & Semis were strong. The very strongest Leaders bounced up off the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The major Indices need to exceed last week’s Highs soon for this rally to continue. The S&P 500 Index needs to exceed Resistance of 2879. 

If the Markets cannot get above last week’s Highs, then the weaker Indices like the Small Caps, Transports & NYSE could easily go back down once more. This rally from the Lows could be an A-B-C up on Elliott Wave count, and then maybe back down again. All of the major Indices except the NASDAQ 100 are still Below the Green Lines, which is Bearish.

NEW SUBSCRIBERS: The Green Line System has captured many nice trades from the recent March Lows. Be patient and WAIT for the S&P 500 Index and the Leaders to come back down and return to the Green Zones for more Buy Signals soon (it does not take that long).

 

Bonds  were down today.  

Crude Oil was up $2.48 today on the June contract at $14.03.

 

The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.

BUYS TODAY    4/22/2020    

 

IAU     GOLD FUND       Money Wave Buy today.  IAU will not be logged as it is still Way Above the Green Line.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

GDX     GOLD MINERS FUND     GDX is making a New High today, but the Volume is below average of 75 MIL. This will not be bought for the Long Term today.

 

Money Wave Buys Signals Soon (Short Term):   (Best to Buy these when the S&P 500 is also in the Green Zone.)    

 

“JUMP START” Candidates:  (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

ATHX      ATHERSYS INC.

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AAPL     APPLE INC.

CNC     CENTENE CORP.      Money Wave must Close in the Green Zone.

LLNW     LIMELIGHT NETWORKS INC.     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. Click on Watch List.

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.

The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).

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SELLS TODAY   NONE TODAY

 

Click for   PORTFOLIO  (Open Positions) and adjust your Sell Stops. 

Click for  CLOSED POSITIONS, 

NEW ETF SECTOR ROTATION SYSTEM   (LINK)

NEW! TOP 100 LIST Updated Mar 31, 2020

 

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.

Related Post

– Money Wave Alert! Apr 21, 2020

 

Markets were down again today on mild selling. The very strongest Leaders are holding above the Pink Lines to avoid Short Term Sell Signals, but the major Indices will probably close below the Pink Lines today. The S&P 500 Index needs to hold above the Pink Line (10-day avg.) around 2784. 

So far the selling has been weak… Maybe another bounce coming. The weaker Indices like the Small Caps, Transports & NYSE could easily go back down once more. This rally from the Lows could be an A-B-C up on Elliott Wave count, and then maybe back down again. All of the major Indices except the NASDAQ 100 are still Below the Green Lines, which is Bearish.

NEW SUBSCRIBERS: The Green Line System has captured many nice trades from the recent March Lows. Be patient and WAIT for the S&P 500 Index and the Leaders to come back down and return to the Green Zones for more Money Wave Buys soon (it does not take that long).

 

Bonds  were up today.  

Crude Oil was down $6.90 today on the June contract at $13.47.

 

The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.

BUYS TODAY    4/21/2020    

 

DOG     DOW INVERSE FUND     Relative Strength is Below 90.  ABORT.

UIS     UNISYS CORP.      Price is currently Below the Green Line and the Volume is below average of 1.2 MIL. ABORT.

VXX     VOLATILITY FUND       VXX Gapped Up above $43.72 today.  VXX will not be logged as it is already up 10 % today.

We will “Not Log” trades if the Reward/Risk is not at least 2:1.

 

Money Wave Buys Signals Soon (Short Term):   (Best to Buy these when the S&P 500 is also in the Green Zone.)    

 

“JUMP START” Candidates:  (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

ATHX      ATHERSYS INC.

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IAU     GOLD FUND

 

Please be patient and wait for Money Wave Buy Signals.  We will email you when they are ready. Click on Watch List.

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.

The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).

___________________________________________________________________________________________________

SELLS TODAY   

 

QQQ     NASDAQ 100 FUND     Lower the Sell Stop Loss to the Red Line (50-day avg.) of $201.83.     

TMUS     T-MOBILE USA      Lower the Sell Stop Loss to the Red Line (50-day avg.) of $85.32. 

 

AAPL     APPLE INC.     EXIT if it is going to Close below the Pink Line of $275.70. AAPL should be back down in the Green Zone soon, so you might want to hold on if you are longer term. This trade was not logged.

NVDA     NVIDIA CORP.      EXIT if it is going to Close below the Pink Line of $276.97.  This trade was not logged.

 

Click for   PORTFOLIO  (Open Positions) and adjust your Sell Stops. 

Click for  CLOSED POSITIONS, 

NEW ETF SECTOR ROTATION SYSTEM   (LINK)

NEW! TOP 100 LIST Updated Mar 31, 2020

 

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.

Related Post

– Bonds

Markets were down today as profit taking came in on some of the Leaders. Most of the Leaders are currently over-bought for the Short Term. The S&P 500 Index should have Support near the Pink Line (10-day avg.) around 2776. All of the major Indices except the NASDAQ 100 are still Below the Green Lines, which is Bearish.

The weaker Indices like the Small Caps, Transports & NYSE could easily go back down once more. This rally from the Lows could be an A-B-C up on Elliott Wave count, and then maybe back down again. Wait for the Leaders to return to their Green Zones (it does not take that long). The Watch List is very small… WAIT.

NEW SUBSCRIBERS: The Green Line System has captured many nice trades from the recent March Lows. Be patient and WAIT for the S&P 500 Index and the Leaders to come back down from the Red Zones and return to the Green Zones for more Money Wave Buys. 

 

Bonds  were up slightly today.  

Crude Oil was way down today as the May contract expires tomorrow. June was down $3.90 today at $21.14.

 

The Following Investments will probably have a Money Wave Buy Signal soon. (Slow Stochastic Closing > 20) on today’s Close.

BUYS TODAY    4/20/2020    NONE TODAY 

 

Money Wave Buys Signals Soon (Short Term):   (Best to Buy these when the S&P 500 is also in the Green Zone.)    

 

“JUMP START” Candidates:  (Buy Signal should be very soon… Click on the Jump Start link for more info.)   

ATHX      ATHERSYS INC.

UIS     UNISYS CORP.

_______________________________________________________________________________________________________________________________________________

DOG     DOW INVERSE FUND     Buy if it Closes above the Pink Line of $53.97.

VXX     VOLATILITY FUND       Buy if it Closes above $43.72 on High Volume.

 

Please be patient and wait for Money Wave Buy Signals.  We will email you when they are ready. Click on Watch List.

Emotions are very high now, so please do not Buy unless you are VERY NIMBLE.

The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).

___________________________________________________________________________________________________

SELLS TODAY   

 

TAL     TAL EDUCATION GROUP     EXIT if it is going to Close Support of $50.15.

 

Click for   PORTFOLIO  (Open Positions) and adjust your Sell Stops. 

Click for  CLOSED POSITIONS, 

NEW ETF SECTOR ROTATION SYSTEM   (LINK)

NEW! TOP 100 LIST Updated Mar 31, 2020

 

Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and out of the Green Zone).

Don’t Buy if the Investment has already popped up too much. Money Wave Buys 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.

Related Post

– Money Wave Alert! Apr 17, 2020
– Money Wave Alert! Mar 25, 2020