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HomeBusinessInexperienced Line Weekly! Oct 8, 2023 Get hold of US

Inexperienced Line Weekly! Oct 8, 2023 Get hold of US

Dumb Cash is Panic Promoting Treasury Bonds (TLT) for 1/2 Worth on FEAR.

10/1/2023 Markets lastly reversed the down development and Closed larger. The Media had one other wonderful FEAR Flush designed to trigger Dumb Cash to Promote out, after Dumb Cash Purchased on the August highs on GREED & FOMO (Concern of Lacking Out). The entire traditional bottoming indicators: 1. VIX FEAR Index went from a low of $13 (Promote) to $20.48 (Purchase) up 57%, 2. CNN Fear and Greed Index dropped from 82 (Promote) to fifteen (Purchase) this week, and three. S&P 500 Stocks above the 50-day avg. dropped from 82 (Promote) to eight (Purchase).

Shares wanted for T-Bonds to bounce up. Ultimately Bonds will meet once more with the Inexperienced Line, when the FEAR subsides. It seems just like the A-B-C Correction of Wave 4 down of the S&P 500 Index might need ended this week. Then we must always lastly see the Markets go up on Wave 5 to retest the August excessive.  

Final October when Bonds went down and bounced up from the Help, the S&P 500 rallied 15%. Attempt to Purchase Investments that held above the 50-day, as they usually bounce up first. 

In case you proceed to Observe the Inexperienced Line System, your Cash ought to stream into the Strongest areas and your account worth ought to be capable of develop in each Bull and Bear Markets. Observe the MONEY, not the MEDIA.
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For the week the Dow was down 0.25%, the S&P 500 was up 0.48% and the NASDAQ 100 was up 1.79%. Most of the main Indices nonetheless have a Relative Energy under 80, so it is best to at the moment own the stronger Funds here

The Inflation Index (CRB) was down 2.68% for the week and is Above the Inexperienced Line, indicating Financial Growth.

Bonds had been down 4.09% for the week, and are Under the Inexperienced Line, indicating Financial Growth.

The US DOLLAR was down 0.03% for the week and is Above the Inexperienced Line. 

Crude Oil was down 8.81% for the week at $82.79 and GOLD was down 1.12% at $1845.20.   

SEE SUPPLEMENTAL CHARTS

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We’re doing many micro Day Trades on our new Discord site (free). Please be part of Discord in your cellular phone app for day buying and selling cell notifications throughout the day. Different strategies of notification have been too gradual. Additionally, please examine our our Live Streaming on YouTube throughout Market hours.

Extra motion this week on the Day Buying and selling Scrolling Charts, and Day Buying and selling Charts for Indices & Massive Caps.

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MONEY BUYS SOON:

We’re in now in 10 logged Swing Buying and selling Positions (totally invested) for the Brief & Medium Time period. There are solely 3 investments on the Brief Time period Watch Checklist

Be affected person and WAIT for Inexperienced Zone Purchase Indicators!

LONG TERM INVESTMENTS:  

Lengthy Time period Scrolling Charts (Actual Time)        

AI      C3 AI INC.      Purchase above $30.08 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.     
BLDR      BUILDERS FIRSTSOURCE      Anticipate subsequent Weekly Cash Wave Shut > 20 with Excessive Quantity. 
GBTC      GRAYSTONE BITCOIN FUND      Purchase above $21.10 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.
ITB      HOME BUILDING FUND      Anticipate subsequent Weekly Cash Wave Shut > 20 with Excessive Quantity.     
ORCL    ORACLE CORP.      Anticipate subsequent Weekly Cash Wave Shut > 20 with Excessive Quantity.
PINS      PINTEREST INC.      Purchase above $30.86 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.   
SH      INVERSE S&P 500 FUND       Purchase above $17.71 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.       
TAL      TAL EDUCATION GROUP    Purchase above $10.45 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.       
W       WAYFAIR INC.      Purchase above $90.71 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it.
WW       WEIGHT WATCHERS INT’l.    Purchase above $12.13 with Excessive Quantity with a 3% Trailing Promote Cease Loss under it. 

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My Buying and selling Dashboard
Swing Buying and selling Scrolling Charts
Day Buying and selling Scrolling Charts

Click on for  Watch Lists
Click on for  Present Positions
Click on for  Closed Positions

Up to date High 100 Checklist Oct 1, 2023
Dividend Development Portfolio  
Up to date ETF Sector Rotation System      
Canine of the DOW System
Lengthy Time period Technique for IRAs & 401k Plans
CNN Fear & Greed Index
Scrolling Stage Chart Investing Charts

Alert! Market Risk is Low (GREEN). The likelihood of profitable Brief Time period Trades is best, when the % of shares above the 50-day avg. is under 20. 

Inform your Buddies in regards to the Inexperienced Line, and Assist Animals.

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QUESTION: Jim S. writes “Why do you utilize the 250 vs 200 day or every other transferring common? And, in a bear market, are you involved that your Cash Wave (gradual sto line) would possibly get caught within the Inexperienced Zone for an prolonged interval or give false breakout purchase alerts?

ANSWER: Hello Jim. The 250-day common (Inexperienced Line) has been again examined and has fewer “false Promote Indicators” than the 200-day.  The query needs to be: Why do most traders use the inferior 200-day common?

Within the subsequent Bear Market, we needs to be in Inverse Funds (like SH) which we had been within the 2008 Bear (with good success)… In a Bear Market, most investments shall be Under the Inexperienced Traces. The Inexperienced Line Guidelines don’t enable us to Purchase weaker investments Under the G L.

However traditionally there’ll at all times be investments Above the Inexperienced Traces, and we must always have them for you.

Good buying and selling and inform your mates!

ATGL

#Inexperienced #Line #Weekly #Oct

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