Market-2

 

03/25/2018:  Markets were down 5-6% for the week, as the Indices dumped down near the February Lows. If the Markets can hold soon, we could see a “W” Pattern for the Indices to Bounce off the Green Lines and possibly re-test the Jan Highs.

The NASDAQ 100 Index and Techs plunged below their Red Lines (50-day avgs.), so the first bounces will probably not be that good (resistance near the Red Lines). Try to Buy Investments that are still Above the Red Lines. The Long Term Trend is UP.

The Chart above shows that only 15.6% on the Stocks in the S&P 500 are currently Above their Red Lines (50-day avgs.) Historically when this happens, Strong Buying comes in, and the Shorts Cover.

The Strongest Leaders are Holding Above their Red Lines.  The list of Large Caps that should bounce the best: MU INTC HPE NFLX M AMZN TWTR STX ADBE PGR ADSK TPR NTAP EL RHT EW & AKAM. Most are so strong that they have not even returned to their Green Zones for Buy Signals.

 

Bonds are bearish (Below the Green Line and Low Relative Strength) but have rallied up to the Red Line (50-day avg.)

The Inflation Index (CRB) is struggling to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR failed again the Red Line, and is re-testing the recent Lows.

Crude Oil was up 5.66% for the week at $65.88, and GOLD was up 2.90%.

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MONEY WAVE BUYS SOON:    We are currently in 4 logged Open Positions, for the Short & Medium Term. There are 10 Investments on the Short Term Watch List.  Be patient and WAIT for Green Zone Buys!

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LONG TERM TRADES 

The Funds below are currently out of favor and and recent news has cause more weakness. Some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy  & Inflation to pick up speed:

DBC   COMMODITY FUND   Relative Strength is back Below 90.
KOL    COAL FUND        Relative Strength is back Below 90.
REMX   RARE EARTH FUND    Volume is too low. Wait to Buy near the Red Line.
RH    RESTORATION HARDWARE    Buy near the Green Line with a Sell Top Below.
TWTR   TWITTER INC.   Broke Out Above $25.85. Buy soon on bounce at the Red Line.

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Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is LOW (Green Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments could re-test their Highs from these Over-Sold levels.

 

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

Related Post

– Green Line Weekly Mar 18, 2018

 

03/18/2018:  Markets were down about 1% for the week, as the Indices had some mild profit taking.

The very Strongest Leaders (NASDAQ 100 Index and Techs) are pulling back down into the Green Zones for Short Term Buy Signals soon. The Long Term Trend is UP.

Bonds are bearish (Below the Green Line and Low Relative Strength) but have rallied up to the Red Line (50-day avg.)

The Inflation Index (CRB) is still trying to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR bounced off the Lows, and made it up to the Red Line.

Crude Oil was up 0.60% for the week at $62.41, and GOLD was down 0.88%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:    We are currently in 2 logged Open Positions, for the Short & Medium Term. There are 7 Investments on the Short Term Watch List.  Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are currently out of favor and and some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy  & Inflation to pick up speed:

DBC   COMMODITY FUND   Relative Strength is back Below 90.
FCX   FREEPORT MCMORAN    Relative Strength is back Below 90.
KOL    COAL FUND        Relative Strength is back Below 90.
REMX   RARE EARTH FUND    Volume is too low. Wait to Buy near the Red Line.
RH    RESTORATION HARDWARE    Buy near the Green Line with a Sell Top Below.
TWTR   TWITTER INC.   Broke Out Above $25.85. Wait to Buy near the Red Line.
VALE   VALE DE RIO    Relative Strength is back Below 90.

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments should re-test their Highs from these Over-Sold levels.

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

 

Related Post

– Green Line Weekly Mar 11, 2018

 

03/11/2018:  Markets were up over 3% for the week, as the Indices go up to re-test the January Highs.

The very Strongest Leaders (NASDAQ 100 Index and Techs) are back up to new Highs, with the broader Indices lagging lower.  Most of the Strongest Investments are in the Red Zones, so Short Term Investors should be raising Cash for a pull-back soon. The Long Term Trend is UP.

Bonds are bearish (Below the Green Line and Low Relative Strength) but are having a “dead cat” bounce up near the Red Line (50-day avg.)

The Inflation Index (CRB) is still trying to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR bounced off the Lows, and made it up to the Red Line.

Crude Oil was up 1.30% for the week at $62.05, and GOLD was mixed.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:    We are currently in 2 logged Open Positions, for the Short & Medium Term. There are 0 Investments on the Short Term Watch List.  Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are currently out of favor and and some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy  & Inflation to pick up speed:

DBC   COMMODITY FUND   Relative Strength is back Below 90.
FCX   FREEPORT MCMORAN    Wait for the next weekly Green Zone Buy.
JJC     COPPER FUND       Relative Strength is back Below 90.
KOL    COAL FUND        Wait for the next Green Zone Buy on the Daily Chart.
REMX   RARE EARTH FUND    Volume is too low. Wait to Buy near the Red Line.
RH    RESTORATION HARDWARE    Buy near the Green Line with a Sell Top Below.
SGMS    SCIENTIFIC GAMES    Buy near the Green Line with a Sell Top Below.
TWTR   TWITTER INC.   Broke Out Above $25.85. Wait to Buy near the Red Line.
VALE   VALE DE RIO    Wait for the next Green Zone Buy on the Daily Chart.

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments should re-test their Highs from these Over-Sold levels.

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

 

QUESTION:   Colin writes “I have followed the recommendations on Feb 2 buy signals and had the recommended stop loss. I have stopped out off all positions except OSTK.   Ok that’s fine. But in your portfolio all positions are still open. How can that be? I am confused as I may have done something wrong.

Please help me to get that right.

Thanks 

ANSWER:  Sorry for the confusion Colin… The Investment must CLOSE below the Support or Stop Price, to avoid whipsaws by the sleazy market makers.  Before the Close we send out the Money Wave Alert emails if there are any Changes to the Stops. 

Please check the “SELLS TODAY” section of each email where we warn of positions being Stopped Out on the Close.

Also, the PORTFOLIO PAGE is kept current before the Close with current Stops (on the Close only).

Hope this helps.

AGL

Related Post

– Green Line Weekly Mar 4, 2018

 

03/04/2018:  Markets were down about 2% for the week, as they rolled over to re-test the February lows .  It would be Bullish if this down move drops less than in Feb. Then the Markets could re-test the January Highs.

The Markets are having  a needed pullback to created more Money Wave Buys soon. 

The very Strongest Leaders and the NASDAQ 100 Index are hardly coming down, which means very few Sellers. The Long Term Trend is UP.

Bonds were over-sold and are having a “dead cat” bounce up near the Red Line (50-day avg.) But Bonds have Low Relative Strength, and are Below the Green Line (which means more Sellers than Buyers).

The Inflation Index (CRB) is trying to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR bounced off the Lows, and made it up to the Red Line.

Crude Oil was down 3.6% for the week at $61.25, and GOLD was down 0.5%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:    We are currently in 2 logged Open Positions, for the Short & Medium Term. There are 8 Investments on the Short Term Watch List.  Be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are currently out of favor and and some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy  & Inflation to pick up speed:

DBC   COMMODITY FUND   Relative Strength is back Below 90.
FCX   FREEPORT MCMORAN    Wait for the next weekly Green Zone Buy.
JJC     COPPER FUND       Relative Strength is back Below 90.
KOL    COAL FUND        Wait for the next Green Zone Buy on the Daily Chart.
REMX   RARE EARTH FUND    Volume is too low. Wait to Buy near the Red Line.
TWTR   TWITTER INC.   Broke Out Above $25.85. Wait to Buy near the Red Line.
UGA   US GASOLINE FUND     Volume is too low… Break Out Above $33.07 did not hold.
VALE   VALE DE RIO    Wait for the next Green Zone Buy on the Daily Chart.

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments should re-test their Highs from these Over-Sold levels.

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

 

4 Ways to Get your Daily Money Wave Alert:

• Emailed to your box between 3:30- 3:50 pm EST.
• Website menu Commentary/Buy/Sell Signals
• Twitter notifications @AboveGreenLine
• Text messages: Email us your Cell number & phone carrier.

Related Post

– Green Line Weekly Feb 25, 2018

 

02/25/2018:  Markets were up slightly for the Holiday shortened week. The S&P 500 hoovered above the Red Line (50-day avg.) as there were few sellers. So far all only the very Strongest Leaders and the NASDAQ 100 Index are back up near the Highs. The Long Term Trend is UP.

The Markets need a pullback to create some more Money Wave Buys. We have completed 10 trades since the February Lows (8 win, 2 losses).

Bonds were over-sold and might have a move up near the Red Line (50-day avg.) But Bonds have Low Relative Strength, and are Below the Green Line (which means more Sellers than Buyers).

The Inflation Index (CRB) is trying to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR bounced off the Lows, and is almost back up to the Red Line.

Crude Oil was up 3.55% for the week at $63.55, and GOLD was down 2%.

___________________________________________________________________________________________

MONEY WAVE BUYS SOON:    We are currently in 3 logged Open Positions, for the Short & Medium Term. There are only 3 Investments on the Short Term Watch List, so be patient and WAIT for Green Zone Buys!

______________________________________________________________________________________________

LONG TERM TRADES 

The Funds below are currently out of favor, but historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy  & Inflation to pick up speed:

DBC   COMMODITY FUND   Relative Strength is back Below 90.
FCX   FREEPORT MCMORAN    Wait for the next Green Zone Buy on the Daily Chart.
JJC     COPPER FUND       Wait for the next Green Zone Buy on the Daily Chart.
KOL    COAL FUND        Wait for the next Green Zone Buy on the Daily Chart.
REMX   RARE EARTH FUND   Wait for Green Zone Buy on the Daily Chart.
TWTR   TWITTER INC.   Broke Out Above $25.85. Wait for Daily Green Zone.
UGA   US GASOLINE FUND     Volume is too low… Break Out Above $33.07.
VALE   VALE DE RIO    Wait for the next Green Zone Buy on the Daily Chart.

___________________________________________________________________________________________

Click for  Portfolio (Open Positions)  
Click for  Watch List
Click for  Closed Positions

 

Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments should re-test their Highs from these Over-Sold levels.

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

 

4 Ways to Get your Daily Money Wave Alert:

• Emailed to your box between 3:30- 3:50 pm EST.
• Website menu Commentary/Buy/Sell Signals
• Twitter notifications @AboveGreenLine
• Text messages: Email us your Cell number & phone carrier.

Related Post

– Green Line Weekly Feb 18, 2018