EARLY EDITION Markets were mixed today as the S&P 500 Index is over-bought from the rally up last week off the Green Line. Now there is Resistance at the Red Line (50-day avg.) of 2950. Volume is Low. Please be patient and WAIT … [Read more...]
Archives for 2019
Green Line Weekly Oct 6, 2019
10/06/2019: Markets did not bounce up at the Red Lines (50-day avgs.) last week, and dropped down near the Green Lines before bouncing back up. So far the Bears got a Double Top pattern on the S&P 500 Index. But the Bulls are … [Read more...]
Money Wave Alert! Oct 4, 2019
Markets were up again today as the S&P 500 Index is almost back up to the Red Line of 2949 and Resistance. Volume is Low. Emotions are High as Investors react from Good News and Bad News each day. This indicates equilibrium: same … [Read more...]
Money Wave Alert! Oct 3, 2019
Markets were up slightly today after the S&P 500 Index dipped down almost to the Green Line this morning, and bounced. The S&P 500 Index is back down in the Green Zone, but the Relative Strength has dropped below 80 required for … [Read more...]
Money Wave Alert! Oct 2, 2019
Markets were down again today after the S&P 500 Index closed below the Red Line (50-day avg.) yesterday and then sold off more today. Now Support is the Green Line at 2852. The Tech stocks have been under a lot of pressure, and are … [Read more...]
Money Wave Alert! Oct 1, 2019
Markets were down today after the S&P 500 Index went slightly above the Pink Line (10-day avg.) and then sold off. Closing above 2981 on the S&P 500 should bring in more Buying. The Tech stocks have been under a lot of pressure, … [Read more...]
Money Wave Alert! Sep 30, 2019
Markets were up today as the S&P 500 Index is trying again to get up above the Pink Line (10-day avg.) Closing above 2987 on the S&P 500 should bring in more Buying. The Tech stocks have been under a lot of pressure, and some are … [Read more...]
Day Trade Watch List Sep 27, 2019
We offer Day Trading "setups" which map out key support and resistance levels of stocks that are potentially looking to break out for quick pops. We scan and filter to provide you with the best possible potential breakout … [Read more...]
Green Line Weekly Sept 29, 2019
09/29/2019: Markets were down again for the week, as the Bears are betting on a Double Top on the S&P 500 Index. The Bulls are betting on a "Cup & Handle" pattern. A Cup & Handle pattern would normally stall at Resistance, fade … [Read more...]
Green Line Weekly Sep 29, 2019
09/29/2019: Markets were down again for the week, as the Bears are betting on a Double Top on the S&P 500 Index. The Bulls are betting on a "Cup & Handle" pattern. A Cup & Handle pattern would normally stall at Resistance, fade … [Read more...]
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