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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 ****

December 31, 2023

Green Line Weekly Dec 31, 2023

HNY chart
              Happy New Year 2024!
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

Happy New Year!

12/31/2023  Markets were slightly higher again for the week, as the Stronger Indices are now back up to the Highs of Jan 2022. This was a nice year for Stocks if you bought in Jan 2023, but many “Buy & Hold” investors are still under water from Buying at the Highs of two years ago.

Interest Rates are much higher now, and it is estimated that $6 TRILLION is now in Money Funds at 5%. Stocks now have competition this time up, and this explains why the weaker Indices NYSE, Small Caps, and Transports are not as strong as before.

The Herd is “ALL IN” now, as the FED has promised to lower short term Rates next year. Retail Investors have been panic Buying Stocks for 8 weeks now on LOGICAL thinking. But Logical thinking or Predicting can get you in trouble (usually it is already discounted.

There have not been many Swing Trade setups lately as most of the strong Stocks have not corrected much, yet. We are raising CASH to Buy Stocks lower on the next Fear Flush.

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. 

______________________________________________________________________________

ETF SECTOR ROTATION SYSTEM  The 4th Quarter ended Friday, and we Sold all 5 ETF Positions on the Close. The 5 new ETFs to Buy on Tuesday Jan. 2nd will be SPY – S&P 500 Fund, QQQ – NASDAQ 100 Fund, IWM – Small Cap Fund, EFA – MSCI Foreign Fund, and XRT – Retail Fund. Or you can replace GDX, SLV, & XLE with IWM, EFA, & XRT on Tuesday and have 20% in each Fund for the monthly rotation.

______________________________________________________________________________

For the week the Dow was up 0.82%, the S&P 500 was up 0.35% and the NASDAQ 100 was up 0.33%. 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 1.04% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 0.41% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was down 0.30% for the week and is Below the Green Line. 

Crude Oil was down 2.60% for the week at $71.65 and GOLD was up 0.13% at $2071.80.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for day trading mobile 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.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 6 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 INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

ARKK      ARK INNOVATION FUND      Buy above $54.52 with High Volume with a 3% Trailing Sell Stop Loss below it. 
CLSK      CLEANSPARK INC.      Stage 2 Break Out. Wait for Daily Money Wave Close > 20 with High Volume.     
NET     CLOUDFLARE INC.    Wait for next Daily Money Wave Close > 20 with High Volume.
PINS      PINTEREST INC.      Stage 2 Break Out above $30.86. Wait for next daily Green Zone Buy cycle.   
PLTR      PALANTIR TECH      Wait for next Weekly Money Wave Close > 20.   
RRPIX      RISING RATE MUTUAL FUND     Below Green Line. Wait for next Weekly Money Wave Close > 20.
TBT      INVERSE T-BOND FUND (2X)        Below Green Line. Wait for next Weekly Money Wave Close > 20.     

YETI      YETI HOLDINGS      Wait for Daily Money Wave Close > 20 with High Volume.

______________________________________________________________________________

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 Dec 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

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.

______________________________________________________________________________

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  mobile notifications are the fastest (please set up “mobile notifications”)
    • Text messages: Email us your Cell number & phone carrier.

Thank you,

ATGL

Related Post

– ARKK

December 25, 2023

Green Line Weekly Dec 25, 2023

Retail Chart
Retail investors (Dumb Money) is back in the Market after a huge run up.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

Merry Christmas!

12/25/2023  Markets were higher again for the week, as the Herd is “ALL IN” now. The Media has told all that the FED will lower short term Rates next year, so Retail Investors are panic Buying Stocks now on LOGICAL thinking. But Logical thinking or Predictiing can get you in trouble.

The Herd is “betting the farm” that lower Inflation and Interest Rates next year will be Bullish for the Markets. This might happen, but since the October Fear Flush down, Stocks are over-bought (Way Above the Green Line) on FOMO (Fear of Missing Out), and we know that Stocks will return eventually return to the Green Line. There are many classic warning signs to expect some profit taking soon: high Margin Debt, High Greed Index, High Bull / Bear Sentiment, Great News, and the massive Buying by Retail in the chart above. 

There have not been many Swing Trade setups lately as most of the strong Stocks have not corrected much, yet. We are raising CASH to Buy Stocks lower on the next Fear Flush.

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 0.31%, the S&P 500 was up 0.92% and the NASDAQ 100 was up 0.95%. 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 0.57% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 0.68% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was down 0.83% for the week and is Below the Green Line. 

Crude Oil was up 2.48% for the week at $73.56 and GOLD was up 1.64% at $2069.10.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for day trading mobile 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.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 5 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 INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

AI      C3 AI INC.        Buy above $31.65 with High Volume with a 3% Trailing Sell Stop Loss below it.  ARKK      ARK INNOVATION FUND      Buy above $53.58 with High Volume with a 3% Trailing Sell Stop Loss below it. 
CLSK      CLEANSPARK INC.      Stage 2 Break Out. Wait for Daily Money Wave Close > 20 with High Volume.     
NET     CLOUDFLARE INC.    Wait for next Daily Money Wave Close > 20 with High Volume.
PINS      PINTEREST INC.      Stage 2 Break Out above $30.86. Wait for next daily Green Zone Buy cycle.   
RIG      TRANSOCEAN INC.     Buy above $7.05 with High Volume with a 3% Trailing Sell Stop Loss below it.     
RRPIX      RISING RATE MUTUAL FUND     Below Green Line. Wait for next Weekly Money Wave Close > 20.
TBT      INVERSE T-BOND FUND (2X)        Below Green Line. Wait for next Weekly Money Wave Close > 20.

__________________________________________________________________________________________

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 Dec 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

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: Steve V. writes “Do you do both long and short positions or does someone just invert the rules in a down market?”

ANSWER:  Yes, invert the Rules to Sell Short (Below G L, Below 10 R S, Dropping below 80 on Money Wave).

We will wait until the Market is in a Bear (below the Green Line), and not Short the next Correction back down to G L.

Once the Market is BEAR, we will mainly do Inverse Funds, as most investors don’t understand Shorting…

Good trading and tell your friends!

ATGL

Related Post

– AI

December 17, 2023

Green Line Weekly Dec 17, 2023

SPY chart
5th Wave now on the S&P 500 Index (SPY) . after a bounce off the Green Line in October.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

12/10/2023  Markets were sharply higher for the week, as the FED promised to lower short term Interest Rates next year. T-Bonds were up sharply, but so was Gold (New High). Historically one of them is wrong.

The Herd is “ALL IN” now as the Fed told them what they want to hear (GOOD NEWS). Normally Smart Money Sells on Good News, and Buys on Bad News (like in October). This week both long term Interest Rates & Commodities are Below the Green Lines, indicating Economic Contraction. Maybe the FED has over tightened, and the current Inflation Fears could turn into Deflation (falling prices) on a slowing Economy and lower demand. Or you can believe the opposite from the Media… (Follow the Money, not the Media).

Currently the Herd is panic Buying Stocks Way Above the Green Line on FOMO (Fear of Missing Out), but we know that Stocks will return again to the Green Line. We are  raising CASH to Buy Stocks lower on the next Fear Flush.

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 2.85%, the S&P 500 was up 2.40% and the NASDAQ 100 was up 3.36%. 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 0.85% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 5.21% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was down 1.73% for the week and is Below the Green Line. 

Crude Oil was up 0.77% for the week at $71.78 and GOLD was up 1.05% at $2035.70, a New High.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for day trading mobile 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.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 4 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 INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

AI      C3 AI INC.        Buy above $31.65 with High Volume with a 3% Trailing Sell Stop Loss below it.  
CLSK      CLEANSPARK INC.      Stage 2 Break Out. Wait for Daily Money Wave Close > 20 with High Volume.
PINS      PINTEREST INC.      Stage 2 Break Out recently above $30.86. Wait for next daily Green Zone Buy cycle.   
RIG      TRANSOCEAN INC.     Buy above $7.05 with High Volume with a 3% Trailing Sell Stop Loss below it.     
RRPIX      RISING RATE MUTUAL FUND     Below Green Line. Wait for next Weekly Money Wave Close > 20.
TBT      INVERSE T-BOND FUND (2X)        Below Green Line. Wait for next Weekly Money Wave Close > 20.

__________________________________________________________________________________________

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 Dec 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

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:  Winter writes ““Don’t take a Loss” confuses me. What does that mean?”

ANSWER:  When the Investment has a Money Wave Buy Signal, it should pop up 3-6 % in just a few days.

If it is not popping up well, and the Money Wave > 50, plan to Get out soon , and Don’t Take a Loss! (Get Out Even).

Something must be Wrong. There will be plenty more Money Wave Signals soon… Raise Cash, and don’t get Stuck! Wait for the next one.

Good trading and tell your friends!

ATGL

Related Post

– AI

December 10, 2023

Green Line Weekly Dec 10, 2023

CRB Chart
Commodity Prices (CRB) broke Below the Green Line, indicating a World slow-down is coming.
SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

12/10/2023  Markets were slightly higher again for the week, as T-Bonds continued up and long term Rates fell. The Herd is “ALL IN” now, betting on the Fed to End Tightening soon (next FED meeting is Wednesday), on hopes that Inflation and Interest Rates have peaked. The Commodity Chart above is weak, indicating that maybe the FED has over tightened, and the current Inflation Fears could turn into Deflation (falling prices) on a slowing Economy and lower demand.

But for 14 years, the FED has been able to Print “magic money” to save the Stock Market on drops. Currently the Herd is panic Buying Stocks Way Above the Green Line on FOMO (Fear of Missing Out), but we know that Stocks with return again to the Green Line. We are  raising CASH as the Buying Volume is dropping and will try to Buy Stocks lower on the next Fear Flush.

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 0.02%, the S&P 500 was up 0.24% and the NASDAQ 100 was up 0.57%. 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 2.94% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 1.67% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.76% for the week and is Above the Green Line. 

Crude Oil was down 3.83% for the week at $71.23 and GOLD was down 3.60% at $2014.50, after making a New High at $2152.30.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for day trading mobile 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.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 4 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 INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

AI      C3 AI INC.        Buy above $31.65 with High Volume with a 3% Trailing Sell Stop Loss below it.  
CLSK      CLEANSPARK INC.      Stage 2 Break Out. Wait for Daily Money Wave Close > 20 with High Volume.
PINS      PINTEREST INC.      Finally squirted after $30.86 Break Out. Wait for next daily Green Zone Buy cycle.   
RIG      TRANSOCEAN INC.     Buy above $7.05 with High Volume with a 3% Trailing Sell Stop Loss below it.     
RRPIX      RISING RATE MUTUAL FUND      Wait for next Weekly Money Wave Close > 20.
TBT      INVERSE T-BOND FUND (2X)        Wait for next Weekly Money Wave Close > 20.

__________________________________________________________________________________________

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

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:  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

Related Post

– AI

December 3, 2023

Green Line Weekly Dec 3, 2023

SVXY Chart

The Greed Index (SVXY) is sky high after the low in October 2022.

SWING TRADING (SHORT TERM)
Watchlist and Charts
Watch ListWatch List Charts
Current PositionsCurrent Charts
Closed ResultsTrading Dashboard

12/3/2023  Markets were slightly higher again for the week, as T-Bonds continued up and long term Rates fell. The Herd is betting on the Fed to End Tightening soon, on hopes that Inflation and Interest Rates have peaked. That is very “logical”, but the Herd is usually wrong. Historically lower Inflation and Rates would indicate a weakening Economy. But for 14 years, the FED has been able to Print “magic money” to save the Stock Market.

The Herd is panic Buying Stocks now, according to the Greed Index (SVXY) above. So expect some Bad News to come out from the Media, for another Fear Flush (like in October).

Long term Interest Rates should go up once more to retest the recent 5.1% Rate. Then if Rates Double Top or make a lower high, longer term Interest Rates could fall and meet again with the Green Line around 4% (longer term). 

The Strongest Stocks and Indices are quickly back up to the September Resistance. We have taken profits on many Buy Positions since the October Fear Flush down. For nimble investors, this could be a chance to raise CASH and try to Buy Stocks lower on the next Fear Flush. Please check the Current Positions page and tighten your Sell Stop Losses if you are nervous about the Stock Market. 

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. 

______________________________________________________________________________

Recent GAINS this week:

EDU     Target was Hit on New Oriental Ed. for a 70.3% Gain. (Long Term Portfolio).
ITB     Target was hit on Home Building Fund for a 9.6% Gain (Long Term Portfolio).     
X     Target was Hit on US Steel Group at $35.50 for a 3.3% Gain.

______________________________________________________________________________

For the week the Dow was up 2.61%, the S&P 500 was up 0.83% and the NASDAQ 100 was up 0.11%. 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 0.45% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 3.88% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.10% for the week and is Below the Green Line. 

Crude Oil was down 1.95% for the week at $74.07 and GOLD was up 4.33% at $2089.70.   

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

We are doing many micro Day Trades on our new Discord Trading Hub (free). Please join Discord on your cell phone app for day trading mobile 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.

_____________________________________________________________________________________________

MONEY BUYS SOON:

We are in now in 4 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!

LONG TERM INVESTMENTS:  

Long Term Scrolling Charts (Real Time)        

AFRM      AFFIRM HOLDINGS      Shot up 43 % this week on 179 Mil shares!
AI      C3 AI INC.        Closed above $30.08 this week but Volume was not High. AVOID.
PINS      PINTEREST INC.      Finally squirted after $30.86 Break Out. Wait for next daily Green Zone Buy cycle.   
RIG      TRANSOCEAN INC.     Buy above $7.05 with High Volume with a 3% Trailing Sell Stop Loss below it.     
RRPIX      RISING RATE MUTUAL FUND      Wait for next Weekly Money Wave Close > 20.
RWM      INVERSE SMALL CAP FUND       Buy above $26.55 with High Volume with a 3% Trailing Sell Stop Loss below it.
STNE      STONECO LTD.      Closed above $14.83 this week but Volume was not High. Wait for next daily Green Zone Buy cycle.   
TAL      TAL EDUCATION GROUP    Broke Out above $10.45 and shot up 20% this week. Wait for next daily Green Zone Buy cycle.   

__________________________________________________________________________________________

My Trading Dashboard
Swing Trading Scrolling Charts
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Updated Top 100 List Dec 1, 2023
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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. 

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