Above the Green Line - Dec 17, 2017 Buy high, and Sell Higher: Momentum Investing

Joanne Klein

Weekly Comment: Markets were up for the week as the Strongest Indices made New Highs. Most of the Indices are 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 Buy on Friday for BOTZ & TRXC. Soon for DG GRPN & JUNO. 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.

IPI - Weekly

Caution! Money Wave is in the Red Zone.

KORS - Daily

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

LIT

Dec 14 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

Dec 12 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
Dec 7 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Nov 24 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

LRCX - Daily

Relative Strength is Below 90.

Nov 22 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Aug 14 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
Aug 7 Money Wave Buy. Place Sell Stop below $148.26 on Close.
Aug 4 Relative Strength is Below 90.
Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Jul 27 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Relative Strength is Below 90.
Jun 26 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!

MNKD - Weekly

NFLX - Daily

Relative Strength is Below 90.

Nov 7 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
Oct 24 Money Wave is in the Green Buy Zone Intra-day). Buy when Money Wave closes back above 20 for a bounce.
Oct 13 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Jul 24 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Jun 7 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Apr 19 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!
Apr 10 Money Wave Buy. Place Sell Stop Loss below $141.21 on Close.
Apr 7 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Apr 3 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

SQ - Daily

Dec 12 Money Wave > 50. Short Term Traders: If it is going to Close below where you bought it, GET OUT!

Dec 6 Money Wave Buy. Place Sell Stop Loss below $35.90 on Close.
Dec 5 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Nov 24 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

TCEHY

Dec 12 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

Dec 7 Money Wave Buy. Place Sell Stop Loss below $46.79 on Close.
Dec 6 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Nov 22 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

TRXC

Dec 15 Money Wave Buy. Place Sell Stop Loss below $1.81 on Close.

Dec 14 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Nov 24 Money Wave Buy. Place Sell Stop Loss below $2.36 on Close.

WTW - Daily

Dec 7 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

Nov 21 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Nov 17 Money Wave is > 50. Short Term traders: If it Closes below where you bought it, GET OUT!
Nov 15 Money Wave Buy. Place Sell Stop Loss below $42.21 on Close.
Nov 14 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Oct 18 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.
Oct 2 Money Wave is > 50. Short Term traders: If it Closes below where you bought it, GET OUT!
Sep 13 Money Wave Buy. Place Sell Stop Loss below $42.02 on Close.
Sep 12 Money Wave is in the Green Buy Zone. Buy when Money Wave closes back above 20 for a bounce.
Aug 15 Caution! Money Wave is in the Red Zone. Short Term Traders: Sell if it Closes below the Pink Line.

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