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 17, 2020
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...]
Money Wave Alert! Mar 12, 2020
Wow, what an Emotional Market. The DOW 30 Index is 5500 points Below the Green Line on FEAR Selling. In January many Investors "panic bought" Way Above the Green Line. Now they are dumping that same stock Way Below the Green … [Read more...]
Money Wave Alert! Mar 11, 2020
Markets were down today as the Markets are re-testing Monday's Lows. The Indices are shaking the tree once more to see if any Sellers are left. We are Lowering Sell Stop Losses once more, as Investors are now too Emotional (see Chart … [Read more...]
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