Markets were mixed today as the rally off the Green Line is over-bought for the Short Term. Markets could stall or pull back some for a while. Most of the Indices are now Above the Red Lines (50-day avgs.) which normally means a re-test of … [Read more...]
Archives for April 2018
Money Wave Alert! Apr 17, 2018
Markets "Gapped Up today on the excitement of NetFlix Earnings. Most of the Indices are now Above the Red Lines (50-day avgs.) The Markets getting back above the Red Lines normally means a rally back up to the Jan Highs. Buy many of the … [Read more...]
Money Wave Alert! Apr 16, 2018
Markets were up as the Indices went back up to the Red Lines (50-day avgs.) Many of the Leaders are now back up in the Red Zones (probably too late to Buy for the Short Term)... Markets could stall or pull back some for a while. A rally … [Read more...]
Green Line Weekly Apr 15, 2018
04/15/2018: Markets were up 1 1/2 to 3% for the week, as the Indices rallied up again to the Red Lines (50-day avgs.) This is very normal for the Markets to trade between the Red Lines and Green Lines, until one of the Lines is … [Read more...]
Money Wave Alert! Apr 13, 2018
Markets were lower today after tagging the Red Lines (50-day avgs.) and selling off. Many of the Leaders are quickly getting back up in the Red Zones (probably too late to Buy for the Short Term)... Markets could stall or pull back some for … [Read more...]
Money Wave Alert! Apr 12, 2018
Markets were are back up trying to get Above the Red Lines (50-day avgs.) again. Some of the Leaders are quickly getting back up in the Red Zones (probably too late to Buy for the Short Term)... If so, Markets could stall or pull back some … [Read more...]
Money Wave Alert! Apr 11, 2018
Markets were down slightly today, after becoming a little over-bought. The Indices are back up near the Red Lines (50-day avgs.), and should stall or pull back some for a while. A rally back up to the Highs would require the Markets to … [Read more...]
Money Wave Alert! Apr 10, 2018
Markets "Gapped Up" again today, as the Buying is finally coming in! A rally back up to the Highs would require the Markets to get back above the Red Lines (50-day avgs). Crude Oil up today at … [Read more...]
Money Wave Alert! Apr 9, 2018
Markets "Gapped Up" today, as the DOW Index held at the 62% retracement of the decline last week, which is a Bullish sign. Techs are still struggling to find a bottom. A rally back up to the Highs would require the Markets to get back … [Read more...]
Green Line Weekly Apr 8, 2018
04/08/2018: Another rough week in the Markets! Markets were down up over 1% for the week, as the Indices rallied up near the Red Lines (50-day avgs.) and then sold off. This is very normal for the Markets to trade between the Red Lines … [Read more...]