Markets were up slightly today on mild Buying. Only the NASDAQ 100 Index was able to hold above Monday's Lows, and now it needs to Close above the Pink Line (10-day avg.) before it is safe to Buy. The Selling Volume is drying up. The FEAR … [Read more...]
Money Wave Alert! Mar 19, 2020
Money Wave Alert! Mar 18, 2020
Markets were down big today on more FEAR Selling. Only the NASDAQ 100 Index was able to hold above Monday's Lows, but the total Selling Volume is drying up. The FEAR will eventually subside, as human emotions are temporary. WE ARE NOT … [Read more...]
Money Wave Alert! Mar 17, 2020
Markets were up today on mild over-sold Buying. The S&P 500 Index should have good Support near the 2018 Low of 2346. (see chart above). The Markets are extremely over-sold from FEAR, as the S&P 500 Index is currently 17% Below the … [Read more...]
Money Wave Alert! Mar 16, 2020
Markets were down big today on more FEAR Selling. Bullish items today would be that the Selling Volume is really drying up, and the S&P 500 Index and the NASDAQ 100 are trying to Close above last week's lows (2478 & 177). The … [Read more...]
Money Wave Alert! Mar 13, 2020
Markets were up slightly as the Indices are very over-sold. The S&P 500 Index needs to Close above 2661 to bring in more Buying. The CNN Fear & Green Index is down to 4 (about as low as it gets). WE ARE NOT SELLING ANYTHING TODAY, … [Read more...]
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