Markets dropped down to the Pink Lines (10-day avgs.) this morning and bounced. Closing below the Pink Lines would have created Short Term Sell Signals. Now the Markets should try to go back up and make Higher Highs. These tiny pull-backs … [Read more...]
Money Wave Alert! Sep 4, 2018
Money Wave Alert! Aug 31, 2018
MARKETS WILL BE CLOSED ON MONDAY. Markets were down slightly today as the Leaders are slowly coming down from the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines … [Read more...]
Money Wave Alert! Aug 30, 2018
Markets were down today as the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines (10-day avgs.) Momentum traders are rotating into fewer … [Read more...]
Money Wave Alert! Aug 29, 2018
Markets were up again today as the Strongest Leaders are "melting up" on continued Buying. Momentum traders are rotating into the fewer stocks, and the list is becoming very narrow. The S&P 500 is now over-bought (Top Bollinger … [Read more...]
Money Wave Alert! Aug 28, 2018
Markets were up slightly today on follow through Break Out Buying by the S&P 500. Usually when this rally stalls out, the S&P 500 will fade back down to Test the 2872 Break Out level. It would be "Bullish" to Hold and Bounce near … [Read more...]
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