Buy / Sell Signals

Markets were lower today as the Indices slipped below the Pink Lines (10-day avgs.) for short term Sell Signals. We're waiting to see if Bonds will make a double bottom soon. Bonds are actually starting to enter a buy signal, but we should still … [Read more...]

Markets were able to bounce off the Pink Line, but so far, the bounce was weak with low volume. The low volume tells us that smart money is waiting for a better decision and not trying to trade in this thin market. Oil funds, natural gas funds, and … [Read more...]

Markets went down to the Pink Lines today (10 day averages) and bounced up to avoid a short term Sell Signals. The NASDAQ is nearing a Money Wave Close in the Green Zone so it should bounce up soon. Most of the Leaders and Indices were back up in … [Read more...]

Markets are holding up well today considering the high interest rates. After last week's losing week, the Market was up 300 points this morning but has faded back down to almost even.  Most of the Leaders and Indices were back up in the Red Zones … [Read more...]

Markets were lower today as the Indices could not stay above Tuesday's highs, and profit taking came in. The S&P 500 Index  stalled up near the resistance of the Red Line (50-day avg.) around 4188. Maybe the S&P has completed Wave 1 up (with … [Read more...]