Above the Green Line - Apr 26, 2018 Buy high, and Sell Higher: Momentum Investing

Joanne Klein

Thursday Comment: Markets 'Gapped Up' today on better Earnings, and the Indices came out of their Green Zones.

Money Wave Buy on Thursday for INTC ANF NFLX & STX. Soon for XPO. Wait for the Money Waves 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.

51 S&P 500 - 1 min

click here to add comments

52 SPX - 15 min

click here to add comments

53 S&P 500 - 60 min

54 S&P 500 - Daily

Apr 20 Short Term traders, Sell when it Closes Below the Pink Line (10-day avg.)

Jan 15 Down to Support again.
Dec 11 This could be the C Wave of 4...
Nov 13 Wave 4 down should be completed...
Nov 5 Wave 4 down should take it down to the Red Line.
Aug 28 BIG Break of the Green Line on S&P... Ii could easily go back down next week.

55 S&P 500 - Weekly

Apr 3 Money Wave is in the Green Zone.

Jun 27 Money Wave is in the Green Zone.
Jun 10 Money Wave is in the Red Zone.
Jan 22 Money Wave is in the Green Zone.
Dec 22 Money Wave is in the Green Zone.
Dec 14 Trying to Hold at the Green Line.
Dec 2 Money Wave is in the Red Zone.
Sep 17 Tagged the Green Line.

56 S&P 500 Index

Jan 26 Caution! 'High Pole' on P&F Chart.

Bill M writes' Love your charts. '

57 Best Market Timing Indicator - S&P 500 - Weekly

Apr 8, 2016 New Buy Signal for the week.
Jan 8 Back into a SELL Signal.
Nov 6 Back into a Buy, because there is nowhere else to put the $$$. (Fed Funds near 0%). Market internals are very weak.
Sep 4, 2015 Red crossed Green. Sell Signal... S&P 500 could still easily rally up to the Green Line of 2022.
Caution! FED could easily start Printing again, which could Abort the Sell Signal.
Aug 28, 2015 Red did not cross Green. Still a Buy Signal. Wait for the Close on Friday, since this is a weekly Chart.
Jul 8, 2012 Thank you Dave G for the 'anti-whipsaw' Indicator!
Jeffrey C writes' I love your weekly timing indicator.'
Dec 28, 2011 Crossing back up.

58 S&P 500 Inverse Fund (SH) - Daily

click here to add comments

59 Real Estate Fund (IYR) - Daily

Relative Strength is Below 90 and Below the Green Line

60 DBC - Daily

Money Wave is in the Red Zone.

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.