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Archives for October 2019

October 21, 2019

Money Wave Alert! Oct 21, 2019

  Markets  were up slightly today on more Low Volume, as the  S&P 500 Index is trying to exceed the recent Highs again.  Next Resistance is the August Highs of 3028. Please be patient and WAIT for the Leaders to come back down into the … [Read more...]

October 20, 2019

Green Line Weekly Oct 20, 2019

  10/20/2019:  Markets were up again for the week, but weakened after getting back up near the all time Highs. Earnings are coming out and Stocks are popping up and down on the Good and Bad News. The S&P 500 is above the Red Line (50-day … [Read more...]

October 18, 2019

Money Wave Alert! Oct 18, 2019

XLK Chart

  Markets  were down today on weaker Earnings from Boeing & Johnson & Johnson. The Markets dipped down near the Pink Lines (10-day avgs.) and bounced to avoid Short Term Sell Signals. The  S&P 500 Index should try the recent Highs … [Read more...]

October 17, 2019

Money Wave Alert! Oct 17, 2019

DIA Chart

  Markets  were up slightly today on more low Volume. The S&P 500 Index is currently over bought, and in the Red Zone (probably too late to Buy for the Short Term).  Next Resistance is the August Highs of 3028. Please be patient and … [Read more...]

October 16, 2019

Money Wave Alert! Oct 16, 2019

XLU Chart

  Markets  were mixed today after yesterday's rally. The S&P 500 Index is currently over bought, and in the Red Zone (probably too late to Buy for the Short Term).  Next Resistance is the August Highs of 3028. Please be patient and … [Read more...]

October 15, 2019

Money Wave Alert! Oct 15, 2019

SPY Chart

  EARLY EDITION Markets  were up nicely today as the S&P 500 Index is up over 1 %.  Next Resistance is the August Highs of 3028. Please be patient and WAIT for the Leaders to come back down into the Green Zones for more Money Wave … [Read more...]

October 14, 2019

Money Wave Alert! Oct 14, 2019

TLT Chart

  Markets  were mixed today after Friday's big rally. The S&P 500 Index is above the Red Line (50-day avg.) so next Resistance is the August Highs of 3028. Please be patient and WAIT for the Leaders to come back down from the Red Zones … [Read more...]

October 13, 2019

Green Line Weekly Oct 13, 2019

  10/13/2019:  Markets were up for the week after being down earlier. The S&P 500 was able to Close above the Red Line (50-day avgs.) which is Bullish. The Markets are in a sideways move between the Highs and the Support of the Green … [Read more...]

October 11, 2019

Money Wave Alert! Oct 11, 2019

SPX Chart

  Markets  "gapped up" today on favorable China Trade News. The S&P 500 Index is now above the Red Line (50-day avg.) so next Resistance is the August Highs.. Please be patient and WAIT for the Leaders to come back down from the Red … [Read more...]

October 10, 2019

Money Wave Alert! Oct 10, 2019

SPX Chart

  Markets  were up again today on more low Volume. Markets keep flopping around on China Trade news. The S&P 500 Index has Resistance of the Red Line (50-day avg.) of 2946 and  needs to hold above last week's Low of 2875 to become … [Read more...]

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