Market-2

Above the Green Line © is a Newsletter System of rotating into Investments that generally have more Buyers than Sellers (Above the Green Line, which is Above the 250 day exponential moving average), and the highest Relative Strength (> 90 Relative Strength).

This System is designed to Buy High, and Sell Higher, where we BUY on the DIPS. But Momentum Investing does require discipline.

We email, text and tweet commentary on a daily and weekly basis. Below are commentaries previously posted.

***** THESE ARE SAMPLE PAGES & ARE NOT CURRENT ****

March 10, 2024

Green Line Weekly Mar 10, 2024

GOLD chart — **Gold Prices are at an all time high ($2,200).**

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch List	Watch List Charts
Current Positions	Current Charts
Closed Results	Trading Dashboard

3/11/2024 Markets were mostly lower for the week as the Semiconductors & stronger Tech Stocks finally ran into some profit taking. Now the Markets must go back up and make higher highs soon, or they could correct back down to the Red Lines (50-day avgs.)

The Stock Indices are stretched Way Above the Green Lines on FOMO (Fear of Missing Out). We are raising CASH now, as we know from history that the Indices will meet again the Green Lines on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

If you continue to Follow the Green Line System, your Account should flow into the Strongest areas and your Account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA.
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For the week the Dow was down 0.85%, the S&P 500 was down 0.22% and the NASDAQ 100 was down 1.55%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.

The Inflation Index (CRB) was down 0.18% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 1.33% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was down 1.07% for the week and is Below the Green Line.

Crude Oil was down 2.45% for the week at $78.01 and GOLD was up 4.28% at $2185.50 a new high.

SEE SUPPLEMENTAL CHARTS

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We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for the fastest Trade Alerts and Daily email notifications during the day. Other methods of notification have been too slow. Also, please check our our Live Trading Room on YouTube during Market hours.

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

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MONEY BUYS SOON:

We are now in 3 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 5 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

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ATGL Long Term Weekly Watchlist- Click here for scrolling charts.

______________________________________________________________________________

Important Links

Top 100	Stage Chart Investing	CNN Fear & Greed Index
Dividend Growth Portfolio	ETF Sector Portfolio	Dogs of the Dow
Long Term Strategy	Stage Chart Investing	Articles

Alert! Market Risk is High (RED). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.

Tell your Friends about the Green Line, and Help Animals.

______________________________________________________________________________

QUESTION: Peter W. writes “When you say the RSI should be “ABOVE 90 RS “. I look at your chart and it shows SCTR 90, not RSI. Please clarify.

ANSWER: Hi Peter. We don’t use RSI, which is a technical oscillator. We use Relative Strength compared to the Market or S&P 500 Index.

Q: Where do I find the Relative Strength Factor in StockCharts.com so I can add it to my charts?

A: Relative Strength Values comes from the SCTR Rank (StockCharts Technical Rank), www.etfscreen.com for ETFs , and Investor’s Business Daily (IBD) for stocks. We prefer the longer term weighting used by www.etfscreen.com and IBD. We sometimes use a 155-day avg. of StockCharts SCTR, which is at the bottom left of many charts (just below the SCTR Rank) to simulate R S closer to the longer term ranking of IBD ranking.

Good trading, and tell your friends!

ATGL

– Green Line Weekly Mar 3, 2024

March 3, 2024

Green Line Weekly Mar 3, 2024

GBTC chart — **The Bit-Coin Fund (GBTC) surged up 23% this week.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch List	Watch List Charts
Current Positions	Current Charts
Closed Results	Trading Dashboard

3/03/2024 Markets were higher for the week as Semiconductors & stronger Tech Stocks surged higher. Not much new to say, as the Markets have stretched Way Above the Green Line on FOMO (Fear of Missing Out).

The NASDAQ 100 Fund is now 19% Above the G L on temporary Human Emotion (GREED). But we know from history that the NASDAQ 100 will meet again the G L. on the next FEAR Flush by the Media (to scare out investors who are Buying now).

We Buy the strongest Leaders on pull-backs. We like to Buy on Bad News like in late October, and take profits on Good News (like on Great Earnings now).

______________________________________________________________________________

For the week the Dow was up 0.01%, the S&P 500 was up 0.98% and the NASDAQ 100 was up 2.02%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.

The Inflation Index (CRB) was up 2.32% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 0.96% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.06% for the week and is Above the Green Line.

Crude Oil was up 4.55% for the week at $79.97 and GOLD was up 2.26% at $2095.70.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_____________________________________________________________________________

MONEY BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 3 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM WATCH LIST:

CYTK CYTOKINECTICS was bought on Friday at $73.98, Target $100.

Important Links

Top 100	Stage Chart Investing	CNN Fear & Greed Index
Dividend Growth Portfolio	ETF Sector Portfolio	Dogs of the Dow
Long Term Strategy	Stage Chart Investing	Articles

Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.

Tell your Friends about the Green Line, and Help Animals.

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5 Ways to Get your Daily Money Wave Email Alert:

- Emailed to your box between 3:45 – 3:50 pm EST.
- Website menu Commentary/Buy/Sell Signals
- Discord Chat. and X (Twitter) @AboveGreenLine are the fastest for Alerts (please set up “mobile notifications”)
- Text messages: Email us your Cell number & phone carrier.

Thank you,

ATGL

February 25, 2024

Green Line Weekly! Feb 25, 2024

CNNF&G chart — **FEAR is high, prepare to take profits or raise CASH.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch List	Watch List Charts
Current Positions	Current Charts
Closed Results	Trading Dashboard

2/25/2024 Markets were higher for the week as TECH Earnings moved the Indices up. The Big 7 stocks have now narrowed to Big 2 (NVDA & META), for making higher highs. The Markets are still over bought from the steep rally since late October, and will eventually correct.

We Buy the strongest Leaders on pull-backs. Historically there will always be Securities making highs with high Relative Strength, and we should Buy them on pull backs.

Greed is high now, so be cautious. We like to Buy on Bad News like in late October, and take profits on Good News (Great Earnings now). There will be another FEAR Flush by the Media to scare out investors who are Buying now, Way Above the Green Lines. But we will be ready to Load Up on the next FEAR Flush.

______________________________________________________________________________

For the week the Dow was up 1.32%, the S&P 500 was up 1.67% and the NASDAQ 100 was up 1.44%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.

The Inflation Index (CRB) was down 0.65% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 1.20% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.31% for the week and is Above the Green Line.

Crude Oil was down 2.51% for the week at $76.49 and GOLD was up 1.25% at $2049.40.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_____________________________________________________________________________

MONEY BUYS SOON:

We are now in 5 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 4 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM WATCH LIST:

Important Links

Top 100	Stage Chart Investing	CNN Fear & Greed Index
Dividend Growth Portfolio	ETF Sector Portfolio	Dogs of the Dow
Long Term Strategy	Stage Chart Investing	Articles

Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.

Tell your Friends about the Green Line, and Help Animals.

______________________________________________________________________________

QUESTION: Jeff writes “Hello, in trying to understand your DONT TAKE A LOSS comments, why don’t you raise the stop loss when the stock is up so much? I am not capturing a lot of upside as I get out conservatively (I stopped myself out at 20% on this trade). Is the point to let them run with a large stop loss to capture maximum upside?

ANSWER: Hi Jeff. When the Money Wave > 50, then the Stop is raised to the Buy Price. (Don’t Take a Loss!).

Holding on for more could be determined by calculating a Reward / Risk ratio of 2:1 (which could say SELL). Some members may be longer term, or like to follow the Selling Rules.

Thanks for writing.

ATGL

– CVNA

February 18, 2024

Green Line Weekly Feb 18, 2024

QQQ chart — **The NASDAQ 100 Fund (QQQ) is stretched up here.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch List	Watch List Charts
Current Positions	Current Charts
Closed Results	Trading Dashboard

2/18/2024 Markets were mostly lower for the week as the Big 7 stocks stalled out on profit taking. The Markets are still over bought from the steep rally since late October, and will eventually correct. Many worry about this.

But remember. we Buy the strongest Leaders on pull-backs. Historically there will always be Securities making highs with high Relative Strength, and we should Buy them on pull backs. They might not be traditional S&P 500 Stocks, but these Securities should have High Volume and Relative Strength to meet the Green Line Rules.

______________________________________________________________________________

For the week the Dow was down 0.14%, the S&P 500 was down 0,34% and the NASDAQ 100 was down 1.48%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.

The Inflation Index (CRB) was down 0.64% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 1.14% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.18% for the week and is Above the Green Line.

Crude Oil was up 2.11% for the week at $78.46 and GOLD was down 0.72% at $2024.10.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_____________________________________________________________________________

MONEY BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 3 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM INVESTMENTS:

Long Term Scrolling Charts (Real Time)

COIN COINBASE GLOBAL Target was Hit this week at $185 for a 30.3 % Gain.
CVNA CARVANA CO. Buy above $62.59 with High Volume with a 3% Trailing Sell Stop Loss below it.
DOCU DOCUSIGN INC. Buy above $69.45 with High Volume with a 3% Trailing Sell Stop Loss below it.
HOOD ROBINHOOD MARKETS Wait for next Daily Money Wave Close > 20 with High Volume.
KOPN KOPIN CORP. Bought above $2,50 but the Volume was not High. Target $5.00. LYFT LYFT INC. Buy above $18.36 with High Volume with a 3% Trailing Sell Stop Loss below it.
MSOS CANNIBIS FUND Bought on Daily Money Wave Close > 20 with High Volume. Target is $14.25.
______________________________________________________________________________

Important Links

Top 100	Stage Chart Investing	CNN Fear & Greed Index
Dividend Growth Portfolio	ETF Sector Portfolio	Dogs of the Dow
Long Term Strategy	Stage Chart Investing	Articles

Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.

Tell your Friends about the Green Line, and Help Animals.

______________________________________________________________________________

QUESTION: Jose M writes “Morning, I seem to have difficulties on finding the Money Wave chart on the ETFs. Thanks.”

ANSWER: First go to MY TRADING DASH BOARD. Then the Charts with the Money Waves can be pulled up by clicking on the Symbol of the Investment on the Watch List or Current Positions links in every Daily email.

The Money Wave is the Red and Green Zone on the bottom part of the Chart. Buy when the Money Wave has gone down into the Green Zone, and then turns up above 20.

– COIN

February 11, 2024

Green Line Weekly Feb 11, 2024

SPY50Chart — **The number of S&P 500 stocks still above the 50-day has dropped from 90% to 63% (weakness).**

SWING TRADING (SHORT TERM)
Watchlist and Charts

Watch List	Watch List Charts
Current Positions	Current Charts
Closed Results	Trading Dashboard

2/11/2024 Markets were higher again for the week as the Big 7 stocks made higher highs, but now has narrowed down to the Big 4 (AMZN META MSFT & NVDA. Also many of the S&P 500 stocks are slipping below the 50 day averages.

Last month 90% of the S&P 500 stocks were above the 50-day averages, but now only 63% are still above (see chart above). Historically this would indicated that the Rally since late October is tired, and will eventually correct. The CNN Fear & Greed Index is at Extreme Greed 78.

The weaker Small Caps (IWM), ARKK Fund & Transports are clearly inferior now.

We Buy the Leaders on pull-backs. Greed is high now, so be cautious. There are only 3 Securities on the Watch List. Investments will meet again with their Green Lines. Remember, we like to Buy on Bad News like in late October, and take profits on Good News (Great Earnings now).

If you continue to Follow the Green Line System, your Money should flow into the Strongest areas and your account value should be able to grow in both Bull and Bear Markets. Follow the MONEY, not the MEDIA.

______________________________________________________________________________

For the week the Dow was up 0.08%, the S&P 500 was up 1.39% and the NASDAQ 100 was up 1.87%. Many of the major Indices still have a Relative Strength below 80, so you should currently own the stronger Funds here.

The Inflation Index (CRB) was up 2.47% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 2.31% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.20% for the week and is Above the Green Line.

Crude Oil was up 6.31% for the week at $76.84 and GOLD was down 0.73% at $2038.70.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

More action this week on the Day Trading Scrolling Charts, and Day Trading Charts for Indices & Large Caps.

_____________________________________________________________________________

MONEY BUYS SOON:

We are now in 5 logged Swing Trading Positions for the Short & Medium Term. There are 3 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

LONG TERM INVESTMENTS:

Long Term Scrolling Charts (Real Time)

CLSK CLEANSPARK INC. Weekly Money Wave Buy Signal was good for for a 68% Pop up this week. AVOID now.
COIN COINBASE GLOBAL Money Wave Buy Signal was good for for a 9.88% Pop this week.
CVNA CARVANA CO. Buy above $62.59 with High Volume with a 3% Trailing Sell Stop Loss below it.
DOCU DOCUSIGN INC. Buy above $69.45 with High Volume with a 3% Trailing Sell Stop Loss below it.
FSLY FASLEY CORP. Buy above $24.96 with High Volume with a 3% Trailing Sell Stop Loss below it.
KOPN KOPIN CORP. Buy on Close above $2.50 with High Volume with a 3% Trailing Sell Stop Loss below it.
MSOS CANNIBIS FUND Wait for Daily Money Wave Close > 20 with High Volume.
NET CLOUDFLARE INC. Bought above $87.17 and Target was Hit at $115 for a 27.3 % Gain.
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My Trading Dashboard
Swing Trading Scrolling Charts
Day Trading Scrolling Charts

Click for Watch Lists
Click for Current Positions
Click for Closed Positions

Updated Top 100 List Feb 1, 2023
Dividend Growth Portfolio
Updated ETF Sector Rotation System
Dogs of the DOW System
Stage Chart Investing
Long Term Strategy for IRAs & 401k Plans
CNN Fear & Greed Index
Scrolling Stage Chart Investing Charts

Important Links

Top 100	Stage Chart Investing	CNN Fear & Greed Index
Dividend Growth Portfolio	ETF Sector Portfolio	Dogs of the Dow
Long Term Strategy	Stage Chart Investing	Articles

Alert! Market Risk is Medium (YELLOW). The probability of successful Short Term Trades is better, when the % of stocks above the 50-day avg. is below 20.

Tell your Friends about the Green Line, and Help Animals.

______________________________________________________________________________

QUESTION: John C. writes “Hi. I have been using your methods with quite good success over the past year, but lately I have been wondering something. Sometimes you post a daily chart for a company, but other times you post a weekly chart. For swing/momentum trading, which chart is best to go by, because looking at both, side to side, the Money Waves are quite different.

Many thanks, John C.

ANSWER: Hi John. The Green Line System is based on Buying the Leaders in the Green Zone, and taking Profits in the Red Zone.
The Daily Chart cycle usually takes 1-3 weeks and the Weekly Chart takes 1-3 months. If you Buy the Weekly, don’t look at the Daily, as the Daily will cycle thru many times and be confusing. Pick only 1 Time Frame, and stick with it.

Many will use a shorter term Time Frame for ENTRY only, then go back to your Main Chart decision.

Thanks for writing.

ATGL

– CLSK

Market-2

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