kingbd
Is this a factor at all in the AGL rules or is it a not a concern for our time frames? It's just that the likelihood of a pullback increases greatly... Thanks!
Quote 0 0
AbovetheGreenLine
Great question!

Yes, if the probability is not good for a Money Wave Buy Signal, we will "NOT LOG" the Trade.

We will "Not Log" trades if the Reward/Risk is not at least 2:1.

The best trades usually happen when the S&P 500 Index is also on the Green Zone:

SPX.png 
Good trading, and tell your friends!
Quote 0 0
AMBRISH2011
5/25/20
As of last trading day, Money wave for $SPX is in red zone  and  ETSY, GNMK,UNFI & VXX  (on watch/jump start list) in green zone.  Is it okay to buy any of these despite the fact that $SPX IS RED ZONE ?
Quote 0 0
AbovetheGreenLine
If you are a conservative investor, it is probably better to WAIT for the S&P 500 to return to the Green Zone.
Many say that at least the 70 % of Stocks move in sync with the Markets, and the Green Line System is based on High Probability.  Buying when the S&P 500 is in the Green Zone has higher probability than in the Red Zone.

VXX trades the Opposite of the Markets, which could confirm a Market pull-back soon..(See below)

VXX.png 
Good trading, and tell your friends!
Quote 0 0