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 ****

July 28, 2024

Green Line Weekly Jul 28, 2024

DELL chart — **Dell Tech ($DELL) should be having a corrective wave down, then back up.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

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

7/28/2024 Markets were mixed for the week, as the Big 7 Stocks and Semiconductors /AI dropped more on profit taking after having huge rallies up this year. We should see a bounce back up on the Big 7 Stocks and the Big Techs that made highs in June (see DELL chart above).

The DOW 30 (DIA) and the Small Caps (IWM) were higher for the week on hopes of lower short term Interest Rates in September. The S&P 500 Index is still trying to hold at the 50-day avg. (bullish), and might go back up soon to retest the highs. Then if the S&P 500 cannot make higher highs, the Markets could correct down on Wave IV. Then a Wave V back up for the strongest Leaders.

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 0.75%, the S&P 500 was down 0.83% and the NASDAQ 100 was down 2.58%. 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 1.06% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were up 0.08% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was up 0.05% for the week and is Below the Green Line.

Crude Oil was down 1.88% for the week at $77.16 and GOLD was down 0.75% at $2381.00.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

DAY TRADERS: We are doing many profitable Day Trades on our Discord Trading Hub (free). Please join Discord or X (Twitter) with 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.

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 5 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 6 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

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

TRADES THIS WEEK:

FLEX FLEX LTD. Weekly Buy Signal was good for a 10 % Pop, and Target was Hit. AVOID.

SG SWEETGREEN INC. Weekly Buy Signal was good for a 6 % Pop.

______________________________________________________________________________

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: Amit writes “Hi, You give the idea of good stocks. No doubt it goes up one day. but most of time I am not able to catch as once you give alert by 1.40 pm MST then it has already popped up. Is this possible for you to send alert early or is there any way to catch it?”

ANSWER: Hi Amit, and thank you for writing. If the Daily Money Wave (Slow Stochastic) looks like it will Close > 20, many will go to the 60-min Chart and try to get in early.

On the 60-min Chart, wait for a Triple Buy Signal (1. Above the Pink Line 2. 60-min Money Wave > 20 3. MACD Buy Signal).

Usually the 60-min Chart will get you a better price. The 60-min Charts are on the Watch List with the Green Circle links.

For the web site we only use Daily Closing Prices for simplicity, which is normally a disadvantage. You can shop for better prices during the day.

Good trading, and tell your friends!

– Green Line Weekly Jul 21, 2024

July 21, 2024

Green Line Weekly Jul 21, 2024

FNGU Chart — **The Big 7 Stocks ($FNGU) should bounce up soon to retest the recent High.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

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

7/21/2024 Markets were mostly lower for the week, as the Big 7 Stocks and Semiconductors /AI corrected back down to the 50-day averages. The Watch List has grown to 10 Positions now, so we should see a bounce up soon on the Big 7 Stocks and the Big Techs this week.

The DOW 30 (DIA) and the Small Caps (IWM) squirted up on hopes of lower short term Interest Rates in September. If the Big 7 Stocks and Semis cannot make higher highs after the next bounce up, then the Markets could correct down on Wave IV. Then a Wave V back up for the strongest Leaders.

COMPLETED TRADES THIS WEEK:

HRTX HERON THERA. Target was Hit for a 22.9 % Gain.
CLSK CLEANSPARK INC. Target was Hit for a 26 % Gain.
SMMT SUMMIT THERA. Target was Hit for a 19 % Gain.
WULF TERAWULF INC. Target was Hit for a 13 % Gain.

______________________________________________________________________________

For the week the Dow was up 0.71%, the S&P 500 was down 1.96% and the NASDAQ 100 was down 3.96%. 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 3.47% for the week and is Below the Green Line, indicating Economic Contraction.

Bonds were down 1.09% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was up 0.32% for the week and is Below the Green Line.

Crude Oil was down 4.34% for the week at $78.64 and GOLD was down 0.89% at $2399.100.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 3 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 10 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

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

TRADES THIS WEEK:

GBTC GRAYSCALE BIT-COIN FUND Weekly Buy Signal was good for a 16.7 % Pop.

GME GAMESTOP CORP. Weekly Buy Signal.

NVAX NOVAVAX INC. Weekly Buy Signal was good for a 5.6 % Pop.

______________________________________________________________________________

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: Alberto writes “AGL: Little question: what does the green dot on the portfolios holdings mean? Thank you.”

ANSWER: Hi Roberto, please click on the Symbol Link for a Daily Chart, and on the Green Dot to see the 60-min Chart of the Investment.

Good trading, and tell your friends!

ATGL

– Green Line Weekly Jul 14, 2024

July 14, 2024

Green Line Weekly Jul 14, 2024

IWM chart — **The Small Caps ($IWM) were finally up on hopes of FED easing.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

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

7/14/2024 Markets were mostly higher for the week, and the weaker Small Caps (IWM) squirted up on hopes of lower short term Interest Rates. The strong Indices (SPY & QQQ) are Way Above the Green Lines and have probably already discounted the easing of Rates in Sept. by the FED. We know that the Indices will return to the Green Lines again, after this emotional buying stretch of human GREED is complete).

Many are hoping that FED lowering of Rates will help Stocks (very logical). Historically the FED waits too long to ease on Rates. It is very likely that soon the Media will start talking about Earnings revisions lower (another FEAR Flush), and then cause the Markets to correct down on Wave IV. Then a Wave V back up for the strongest Leaders.

Be cautious Buying now, as the Big 7 and Leaders are very over bought from FOMO (Fear of Missing Out).

COMPLETED TRADES THIS WEEK:

APH AMPHENOL CORP. Target was Hit at $70 for a 3.9 % Gain.
BILI BILIBILI INC. Target was Hit at $17.50 for an 8.6 % Gain.
CVNA CARVANA CO. Target was Hit at $140 for a 106.4 % Gain (Long Term Portfolio).
EXK ENDEVOUR SILVER Target was Hit at $4.10 for 14.8 % Gain.
JMIA JUMIA TECH Target was Hit at $9 for a 28.5 % Gain.
NVDA NVIDIA CORP. Target was Hit at $135 for a 8.1% Gain.
OCUL OCULAR THERA. Target was Hit at $8 for a small Loss.
______________________________________________________________________________

For the week the Dow was up 1.68%, the S&P 500 was up 0.96% and the NASDAQ 100 was down -0.27%. 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 1.02% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 1.49% for the week, and are Above the Green Line, indicating Economic Contraction.

The US DOLLAR was down 0.73% for the week and is Below the Green Line.

Crude Oil was down 1.14% for the week at $82.21 and GOLD was up 0.96% at $2420.70.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 3 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 6 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

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

TRADES THIS WEEK:

AEO AMERICAN EAGLE Weekly Buy Signal was good for a 10.8 % Pop.

CVNA CARVANA CO. Target was Hit at $140 for a 106.4 % Gain (Long Term Portfolio).

______________________________________________________________________________

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: 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:

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 Jul 7, 2024

July 7, 2024

Green Line Weekly Jul 7, 2024

IRX Chart — **A big move should be coming on short term Interest Rates.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

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

7/7/2024 Markets were mostly higher for the week, but the weaker Small Caps (IWM) were lower. The Big 7 Stocks surged up an average 7 %, as those seem to be holding up the Markets. Bonds rose on weaker Economy news.

The Leading AI / Semi Stocks have stalled out for a while. These need to make higher highs soon for this rally to continue. The S&P 500 Weekly chart looks like the Wave III up rally from the Oct low is about over, then a Wave IV correction down (5 Waves total).

Be cautious Buying now, as the Big 7 and Leaders are very over bought from FOMO (Fear of Missing Out).

For the week the Dow was up 0.66%, the S&P 500 was up 1.91% and the NASDAQ 100 was up 3.56%. 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 0.11% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were up 1.17% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was down 0.90% for the week and is Above the Green Line.

Crude Oil was up 1.99% for the week at $83.16 and GOLD was up 2.48% at $2397.70.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 5 Three Star logged Swing Trading Positions for the Short & Medium Term. There 1s only 1 investment on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

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

TRADES THIS WEEK:

CATX PERSPECTIVE THERA. Jul 5 Bought on Weekly Money Wave Close > 20. Target $17.

IGV SOFTWARE FUND Jul 5 Target was Hit at $88 for an 8.8 % Gain.

NTNX NUTANIX INC. Jul 5 Bought on Weekly Money Wave Close > 20. Target $70.

PLTR PALANTIR TECH Jul 5 Target was Hit at $26.75 for an 18.8 % Gain.

______________________________________________________________________________

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: Nancy writes “I would like to know where the Relative Strength factor is located on the charts.”

ANSWER: Hi Nancy, the Relative Strength is usually on the bottom left of each Chart with a Red Box around it (SCTR is StockCharts Technical Rank). Sometimes we use data from:

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.

Good trading, and tell your friends!

– Green Line Weekly Jun 30, 2024

June 30, 2024

Green Line Weekly Jun 30, 2024

ETF chart — **Indices without the Big 7 Stocks were slower lower for the quarter.**

SWING TRADING (SHORT TERM)
Watchlist and Charts

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

6/30/2024 Markets were mixed for the week, as the Leading AI / Semi Stocks have stalled out for a while. These need to make higher highs soon for this rally to continue. The Big 7 Stocks had some profit taking from being so over bought. The S&P 500 Weekly chart looks like the Wave III up rally from the Oct low is about over, then a Wave IV correction down (5 Waves total).

Be cautious Buying now. There will be eventually be some Bad News that will create FEAR, which is when we like to Buy.

BHunter image — **George loves bananas!**

Maybe some Banana Hunts this week. Look for M & W patterns.

BANANA HUNT CHARTS

______________________________________________________________________________

For the week the Dow was down 0.05%, the S&P 500 was down 0.05% and the NASDAQ 100 was down 0.06%. 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 0.94% for the week and is Above the Green Line, indicating Economic Expansion.

Bonds were down 2.32% for the week, and are Below the Green Line, indicating Economic Expansion.

The US DOLLAR was up 0.10% for the week and is Above the Green Line.

Crude Oil was up 1.00% for the week at $81.54 and GOLD was up 0.36% at $2339.60.

SEE SUPPLEMENTAL CHARTS

_______________________________________________________________________

_______________________________________________________________________
SWING TRADE BUYS SOON:

We are now in 4 Three Star logged Swing Trading Positions for the Short & Medium Term. There are 7 investments on the Short Term Watch List.

Be patient and WAIT for Green Zone Buy Signals!

______________________________________________________________________________

LONG TERM WATCH LIST

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 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.

______________________________________________________________________________

5 Ways to Get your Daily Money Wave Email & Trade Alerts:

- Emailed to your box between 3:45 – 3:50 pm EDT.
- 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

– Green Line Weekly Jun 23, 2024

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