Above the Green Line - May 24, 2016 Buy high, and Sell Higher: Momentum Investing

Joanne Klein Has Had Over 1,000 FollowersHas Been a Top Public ChartList for Over 2 years Rank: 1 Followers: 1,992 Votes: 2,625 Years Member: 6 Last Update: 24 May 2016, 16:47 Categories: ETFs
Momentum Stocks
Swing Trading

SURVEY.
If Green Line made you $, can you help Animals?

Tuesday Comment: Markets popped up today, as the S&P 500 sliced thru the Red Line (50-day avg) on below average Volume.
The 'Correcting Wave' down since the April highs is over, and S&P should go back up to try the April Highs again.

Money Wave Buy on Tuesday for MTW on Page 14. Money Wave Buys soon for SYY, IAU & BAX on Page 2, & SLV and TSN on Page 14.
Many Funds are having trouble staying Above 90 Relative Strength.

KEEP IT SIMPLE: Buy Page 1 & 2 Funds in the Green Zone, and take profits in the Red Zone.
Split your account into 3-5 positions.. Follow text below each chart.

REMEMBER: All Investments eventually RETURN to their Green Line. (Above or Below the Green Line, is temporary human emotion.)

Thank you for your votes to keep us #1. Please send some profits to help animals (ASPCA).

RULES ARE ON PAGE 3.

@AboveGreenLine for Twitter Feed.

Less

01 Get Your EDGE



Welcome to 'Above the Green Line'. Please begin by investing in Page 1 & 2 Funds only. Follow the RULES!

Once you have figured out the System, Advance to Page 13 & 14 Stocks. Maybe open a Practice Acct. at www.updown.com first.

If you still want more Investing Ideas, create a scan below. Free charts & quotes: www.freestockcharts.com

Create your own Green Line Scan here: http://stockcharts.com/def/servlet/ScanUI
Yes, you must have the EXTRA Plan at StockCharts for scans.
Copy & Paste this script into the 'Criteria' Box:

[type = stock] AND [country = US] and [SMA(20,volume) > 1000000]
and [EMA(50,volume) > 1000000] and [SCTR >90]

Email questions to: thegreenline1@hotmail.com

Twitter: @AboveGreenLine

02 Consumer Staples (XLP) - Daily

May 20 Money Wave Buy. Place Sell Stop Loss below $51.72 on Close. Relative Strength is Below 90.

May 19 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce. Relative Strength is Below 90.
May 12 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
May 2 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Apr 25 Relative Strength is Below 90. Money Wave Buy, but Breaks the Rules.
Apr 22 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 21 Dumping the 'old lady' stocks, as the herd thinks all is well now. Relative Strength is Below 90.
Apr 4 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Feb 15 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Feb 9 Money Wave Buy. Place Sell Stop Loss below $48.88 on Close.
Feb 8 Money Wave is in the Green Buy Zone (Intra-day). Buy when Money Wave closes back above 20 for a bounce.
Feb 2 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Jan 25 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Jan 21 New add today. Relative Strength was Below 90.

03 Utilities Fund (XLU) - Daily

May 24 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!

May 19 Money Wave is in the Green Buy Zone (Intra-day). Buy when Money Wave closes back above 20 for a bounce.
May 5 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Apr 28 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Apr 26 Money Wave Buy. Place Sell Stop Loss below $48.31 on Close. Relative Strength is Below 90.
Apr 25 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce. Relative Strength is Below 90.
Apr 20 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Apr 18 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Apr 8 Money Wave Buy. Place Sell Stop Loss below $48.31 on Close.
Apr 7 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 4 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Mar 4 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!

04 Real Estate Fund (IYR) - Daily

May 24 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!

May 23 Money Wave Buy. Place Sell Stop Loss below $75.73 on Close.
May 20 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
May 11 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
May 3 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Apr 25 Relative Strength is Below 90. Money Wave Buy, but Breaks the Rules.
Apr 22 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.

05 Inverse Emerging Markets (EUM) - Daily

May 23 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!

May 12 May Money Wave is in the Green Buy Zone (Intra-day). Buy when Money Wave closes back above 20 for a bounce. Breaks the Rules.
May 9 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
May 2 Below the Green Line. Avoid.
Apr 7 Caution! Money Wave is in the Red Zone. Nimble traders: When closes below the Pink Line, GET OUT!.
Apr 5 Below the Green Line.
Mar 10 Money Wave > 50 (Intra-day). Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Mar 9 Money Wave Buy. Place Sell Stop Loss below $28.25 on Close.
Mar 8 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Feb 29 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Feb 23 Money Wave Buy. Place Sell Stop Loss below $30.13 on Close.
Feb 22 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.

06 Inverse Small Cap Fund (RWM) - Daily

May 6 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.

May 4 Below the Green Line. Avoid!
Mar 29 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Mar 23 Money Wave buy. Place Sell Stop below $62.70 on CLOSE.
Mar 22 Below the Green Line.
Mar 11 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Mar 8 Money Wave Buy. Place Sell Stop Loss below $63.40 on Close.
Mar 7 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Feb 24 Money Wave > 50 (Intra-day). Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Feb 23 Money Wave Buy. Place Sell Stop Loss below $67.83 on Close.
Feb 22 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.

07 High Yield Muni Fund (HYD) - Daily

May 23 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.

08 Bonds- Gov't Fund (TLT) - Daily

May 11 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.

Apr 28 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Apr 27 Relative Strength is Below 90. Money Wave Buy, but Breaks the Rules.
Apr 25 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 7 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Apr 3 Money Wave > 50. Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Mar 16 Money Wave Buy. Place Sell Stop below $127.21 on Close.
Mar 15 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Mar 10 Money Wave > 50 (Intra-day). Nimble Traders: If it is going to Close below where you bought it, GET OUT!
Mar 3 Money Wave Buy. Place Sell Stop below $128.21 on Close.
Mar 2 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Feb 25 Caution! Money Wave is in the Red Zone (Intra-day). Nimble Traders: Sell if it Closes below the Pink Line.
Feb 23 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT,

09 Technology Index (XLK) - Daily

May 24 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.

May 10 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
May 6 Money Wave Buy, but it Breaks the Rules.
May 5 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce. Breaks the Rules.
May 3 Money Wave Buy. Place Sell Stop Loss below $41.82 on Close. Relative Strength is Below 90.
May 2 Relative Strength is Below 90. Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 18 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Apr 14 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Apr 12 Money Wave Buy. Place Sell Stop Loss below $43.55 on Close.
Apr 11 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 4 Caution! Money Wave is in the Red Zone. Nimble Traders: Sell if it Closes below the Pink Line.
Feb 16 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Feb 12 Money Wave Buy, but it Breaks the Rules.

10 S&P 500 Index (SPY) - Daily

May 24 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!

May 19 Money Wave is in the Green Buy Zone (Intra-day). Buy when Money Wave closes back above 20 for a bounce. Relative Strength is Below 90.
May 11 Caution! Money Wave is in the Red Zone (Intra-day). Nimble Traders: Sell if it Closes below the Pink Line.
May 10 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
May 6 Money Wave Buy, but it Breaks the Rules.
May 5 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce. Breaks the Rules.
Apr 21 Caution! Money Wave is in the Red Zone (Intra-day). Nimble Traders: Sell if it Closes below the Pink Line.
Feb 16 Money Wave is > 50. Nimble traders: If it Closes below where you bought it, GET OUT!
Feb 2 Caution! Money Wave is in the Red Zone (Intra-day). Nimble Traders: Sell if it Closes below the Pink Line.
Jan 25 Below the Green Line. Breaks the Rules.
Jan 14 Money Wave Buy. Place Sell Stop Loss below $187.66 on Close. Breaks the Rules.
Jan 13 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce. Breaks the Rules.
Jan 6 Money Wave Buy. Place Sell Stop Loss below $197.60 on Close. Breaks the Rules.

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.