Markets were lower today as the weaker Indices were not able to bounce up at last week's Lows. The S&P 500 and NASDAQ 100 Indices made slightly lower lows, but the Small Caps & Semis did not. This was bearish, but the selling Volume was low. … [Read more...]
Money Wave Alert! May 20, 2022
Money Wave Alert! May 19, 2022
Markets were mixed today as the Indices are trying to hold above last week's Lows. We need to see a big bounce up soon which could be a sign of a "Double Bottom" or "W" pattern. Failing to bounce would be Bearish. Recently most of the Indices and … [Read more...]
Money Wave Alert! May 18, 2022
Markets were sharply lower today as the Indices are going down to re-test last week's Lows. Yesterday the Markets got up near or above the Pink Lines (10-day avgs.), but most of the Indices were quickly back up in the Red Zones (probably too late to … [Read more...]
Money Wave Alert! May 17, 2022
Markets were higher today as the Semiconductor stocks shot up over 4%. The Markets are trying to get above the Pink Lines (10-day avgs.) which shows strength. But most of the Indices are quickly back up in the Red Zones (probably too late to Buy for … [Read more...]
Money Wave Alert! May 16, 2022
Markets were mixed today as the Tech stocks were weaker from mild profit taking. Normally the Markets will struggle near the Pink Lines (10-day avgs.) after such a big decline in the last few weeks. Maybe re-test the recent Lows once more. We … [Read more...]
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