Green Line Weekly Nov 18, 2018
11/18/2018: Markets were down for the week, as the Indexes were over-bought on the Short Term. The Markets are going back down to re-test the recent Lows. So far the Selling has been much weaker this time down, and the Strongest Leaders that are holding Above the Green Line + Above 90 Relative Strength should go […]
Money Wave Alert! Nov 16, 2018
Markets were up again today, but the Techs and Retail were weak. The Indices might now have put in a Higher Low than the October Lows, but all are not convinced. Many Indices and Leaders are down in their Green Zones for Money Wave Buys soon. Please WAIT for Money Wave Buy Signals. […]
Money Wave Alert! Nov 15, 2018
Markets are up again today after dumping back down in the morning, so today could be a Reversal. The Indices are slowly going back down to re-test the October Lows and must stay above the October Lows to remain Bullish.. Many Indices and Leaders are down in their Green Zones for Money Wave Buys […]
Money Wave Alert! Nov 14, 2018
Markets are down again today as the Indices are slowly going back down to re-test the October Lows. The major Indices are quickly returning to the Green Zones for Money Wave Buys soon. The Indices must stay above the October Lows to remain Bullish. APPLE and many of the Strongest Tech stocks are down […]
Money Wave Alert! Nov 13, 2018
Markets are mostly down today as the Indices are going back down to re-test the October Lows. APPLE and many of the Strongest Tech stocks are down near their Green Lines, so we will wait to see if they bounce soon. Some Drug and Consumer Staples Stocks are near Highs and won’t come down […]
Money Wave Alert! Nov 12, 2018
Markets rolled over and are going back down to re-test the October Lows. Some Drug and Consumer Staples Stocks are sitting on Highs and won’t come down, even though most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Please be patient and wait for […]
Green Line Weekly Nov 11, 2018
11/11/2018: Markets bounced up again for the week, but now the Indexes are over over-bought on the Short Term. The S&P 500 is back Above the Green Line, but failed at the Red Line (50-day avg.). Normally the Markets would dip back down soon to re-test the recent Lows. If the Selling is weak, then […]
Money Wave Alert! Nov 9, 2018
Markets were down today as most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Please be patient and wait for Green Zone Buy Signals. Trading was again slow. The big FAANG Stocks are all struggling below their 50-day averages, which keeps the Short Term […]
Money Wave Alert! Nov 8, 2018
Markets were down slightly after yesterday’s big pop up. Trading was slow. The big FAANG Stocks are all struggling below their 50-day averages, which keeps the Short Term Traders out. Most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Please be patient and wait […]
Money Wave Alert! Nov 7, 2018
Markets shot up today after the Election Results from last night. However, most of the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Be careful Buying now for Short Term Trading (maybe another dip back down soon). Please wait for Green Zone Buy Signals. Crude […]