Above the Green Line - Oct 22, 2017 Buy high, and Sell Higher: Momentum Investing

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Joanne Klein

Weekly Comment: Markets were up for the week on Good News Buying. The Strongest are back up in the Red Zones (probably too late to Buy for the Short Term.)
This could be the Wave 5 of 5 up of the Trump rally since Nov 8th). (See Page 5 Chart 54).
Most Funds are still Way Above the Green Line. (All Investments eventually return to the Green Line).

Money Wave Buys on Friday for PLUG. Soon for XBI & FCAU IPI MNKD and 1 more. Wait for the Leaders to return to the Green Zones. Buy when the Money Wave Closes back Above 20. Have this List & Charts emailed to you from the Premium site: www.abovethegreenline.com.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.
We would like to warn you: When Markets are narrow & tired like they are now, either take quick gains from Money Wave Pops,
or STAY IN CASH & WAIT for a larger correction (down to the Green Lines).

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 (For Short Term Trades with Sell Stops). 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. Good trading, and tell your friends!

@AboveGreenLine for Twitter Feed.

74 Nasdaq 100 ($NDX) - Weekly

Oct 16 Buying up here at Highs is a very poor Reward / Risk, based on history.

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