Buy / Sell Signals

Markets were higher today after reversing a further decline this morning. The S&P 500 Index should be able to Bounce up off the Red Line (50-day avg.) soon and form an "M" pattern to re-test last week's High. Many are worried about more FED … [Read more...]

Markets were lower today as the long term Bonds went below the March lows (higher Interest Rates). The FED announced a Plan to shrink their Balance Sheet by selling $95 Billion of Bonds monthly. So is the FED just testing the Market's strength with … [Read more...]

Markets were lower today as the Semiconductors were down over 4 %. The strongest Leaders had fairly weak bounces up off  the Pink Lines (10-day avgs.) yesterday, and might have Short Term Sell Signals after today. The Markets had been resisting going … [Read more...]

Markets were higher today as the strongest Leaders bounced back up off  the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The Markets are resisting going down at all until this 2 week rally off of the lows has a "Double Top". We should … [Read more...]

Markets were slightly lower again today as the Leaders are slowly coming down from over-bought levels. Most of the Leaders tried to bounce back up near the Pink Lines (10-day avgs.) today, but many investors were not convinced. Falling below could be … [Read more...]