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

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.

81 Volatility Index (VXX & VIX) - 1 min

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82 Volatility Index (VXX) - 15 min

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83 XIV - 15 min

84 Volatility Index (VXX) - 60 min

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85 XIV - 60 min

86 Inverse VIX (XIV) - Daily

Oct 20 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

Aug 25 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
Aug 22 Money Wave Buy. Place Sell Stop Below $71.21 on Close.
Aug 21 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Jul 26 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
May 23 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
May 19 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
May 16 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

87 Double VIX (UVXY & TVIX) - 15 min

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88 VIX UP & VIX Down - 60 min

89 Fear Index ($VIX) - Daily

90 S&P 500 Stocks Above the 50-day avg.

Dec 19 Market Bounce probably soon!

Oct 16 Market Bounce probably soon!
Jan 23 Caution! Almost time to sell!

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