Markets were mixed again today after gapping up this morning and then some Sellers came in. The S&P 500 Index is back below the Pink Line (10-day avg.) as there are few Buyers up here without any Good News News. Maybe a re-test of the … [Read more...]
Archives for July 2019
Money Wave Alert! Jul 18, 2019
Markets were mixed today after recovering from a drop this morning on low Volume. The S&P 500 Index closed below the Pink Line (10-day avg.) yesterday around 2994 and did not DUMP, so Buyers still have more Money. Maybe a re-test of … [Read more...]
Money Wave Alert! Jul 17, 2019
Markets were down slightly on more low Volume. The S&P 500 Index is weaker and might Close below the Pink Line (10-day avg.) around 2996 to create a Short Term Sell Signal. Short Term traders might want to raise some Cash and WAIT for … [Read more...]
Money Wave Alert! Jul 16, 2019
Markets were mixed again today on very low Volume. The S&P 500 Index is over bought and needs to bounce off the Pink Line (10-day avg.) around 2994 to avoid a Short Term Sell Signal. Short Term traders might want to raise some Cash … [Read more...]
Money Wave Alert! Jul 15, 2019
Markets were mixed today on very low Volume. The S&P 500 Index is over bought and in the Red Zone, and might pull back down to re-test the 2960 Support in a few days (see Chart above) before rallying more. Short Term traders might … [Read more...]
Green Line Weekly Jul 14, 2019
07/14/2019: Markets were up again for the week, after Investors received more Good News about FED Printing (the FED should cut Interest Rates 1/4 point on July 31.) The S&P 500 Index and DOW INDEX were able to make new Highs, but are … [Read more...]
Money Wave Alert! Jul 12, 2019
Markets were higher today as the DOW Index surged up more. The S&P 500 Index got above the recent High of 2996, and is now at 3012 for the rally to continue. Markets are currently over-bought so Short Term traders might want to raise … [Read more...]
Money Wave Alert! Jul 11, 2019
TWITTER has been down since 2:50 EDT today Markets were mixed today but the DOW Index was up masking some of the profit taking that is going on. The S&P 500 Index has still not been able to exceed the recent High of 2996, maybe … [Read more...]
Money Wave Alert! Jul 10, 2019
Markets were up today on Good News from the FED about more Printing. The S&P 500 Index was able to exceed the recent High of 2996, but needs to Close above there for this rally to continue. Markets are currently over-bought so Short … [Read more...]
Money Wave Alert! Jul 9, 2019
Markets were mixed today after the S&P 500 Index went down near the Pink Line (10-day avg.) and bounced. Now it needs to exceed the recent High of 2996 for this rally to continue. Markets are currently over-bought so Short Term traders … [Read more...]