Markets were up again today but the Buying was weak on Low Volume. So far the bounce up of the Indices off the Red Lines (50-day avgs.) has not been impressive. Maybe it will take some Good News for the Markets to re-test the recent Highs. The … [Read more...]
Money Wave Alert! Sep 15, 2020
Money Wave Alert Sep 14, 2020
Markets were up today as the Indices are trying to bounce up off the Red Lines (50-day avgs.) and re-test the recent Highs. The DOW 30 Index and the Semiconductors might have Double Bottomed here which would be Bullish. Try to Buy only the very … [Read more...]
Money Wave Alert! Sep 11, 2020
Markets were mixed today after the Indices went slightly below the recent Lows on Tuesday. Normally that would be bearish, but when the NASDAQ 100 Fund did not dump out below Support, some Buyers came in. The DOW 30 Index and the Semiconductors are … [Read more...]
Money Wave Alert! Sep 10, 2020
Markets were down today as the Indices needed to re-test the recent Lows on Tuesday. A Double Bottom or "W" pattern soon would be Bullish. Try to Buy only the very Strongest Leaders that did not fall below their Red Lines (50-day avgs.) for the … [Read more...]
Money Wave Alert! Sep 9, 2020
Markets were up today as the Indices bounced near the Red Lines (50-day averages) after being over-sold. Try to Buy only the very Strongest Leaders that did not fall below their Red Lines (50-day avgs.) for the fastest bounces. The Markets could … [Read more...]
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