Buy / Sell Signals

MARKETS WILL BE CLOSED ON MONDAY FOR MEMORIAL DAY HOLIDAY. Markets were up again today, and the S&P 500 was able to blow thru the May resistance of 4091. Now the next resistance on the S&P 500 Index is the Red Line (50-day avg.) around … [Read more...]

Markets were up again today, but it is nearing May resistance. The S&P 500 Index successfully closed above the down channel, but it needs to Close above 4091 to break resistance.  Notice how the Media is now presenting more positive new … [Read more...]

Markets were higher today as the Selling was gone in the weaker stocks. Most of the weak hand investors should already be Flushed out on the FEAR Selling. Soon we will find out if last week's decline was as a "Double Bottom" or "W" pattern. That … [Read more...]

Markets were lower today as Snap Chat spooked the Social Media stocks on Earnings data. Another chance to flush out the weak hand investors on FEAR Selling. Soon we will find out if last week's decline was as a "Double Bottom" or "W" pattern. That … [Read more...]

Markets were sharply higher today as the Sellers dried up for a while. Maybe last week's decline was perceived as a "Double Bottom" or "W" pattern. That could be Bullish for a larger rally, but today's low Volume is not impressive.  Now we need to … [Read more...]