08/03/2016 Daily Commentary: Markets rebounded slightly today after finally falling below the Pink Lines (10-day avgs.) The Strongest Leaders are going back up to re-test the highs. The S&P 500 should drop down soon to test Support around … [Read more...]
Archives for August 2016
Tuesday Aug 2, 2016
08/02/2016 Daily Commentary: Markets finally broke the Pink Lines (10-day avgs.), and some selling came in. The Strongest Leaders should go up once more. The S&P 500 should drop down soon to test Support around 2130. Bonds must make Higher … [Read more...]
Monday Aug 1, 2016
08/01/2016 Daily Commentary: Markets continued the sideways move since mid July, as the S&P 500 is trying to hold above the Pink Line (10-day avg.). The Volatility Index is Below $13, which is NOT a good time to expect a Market rally. The … [Read more...]