Monday Jun 20, 2016 Daily Commentary

POST UPDATED: February 10, 2024

06/20/2016 Daily Commentary: Markets popped up today. as the Major Indices were back down in the Green Zones.   The  S&P 500 bounced at the Red Lines (50-day avgs.),  and should re-test the 2121 recent high.  Failure to make a Higher High would be “Bearish”.

Money Wave Buys on Monday for BBG & SN.  (See listing below)

Soon for BIG  &  KGC.    We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

Current Positions

$SPX $INDU $AAPL Markets Bounced at the Red Lines.
 Markets Bounced at the Red Lines.

 

Related Post

6/19/2016 Weekly Commentary

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