The Markets are slowly running out of Buyers, and dropped 1% this morning before rallying back up near the Close. The S&P 500 fell below the Pink Line (10-day avg.) today, but has recovered again, to avoid a Short Term Sell Signal. It … [Read more...]
Money Wave Alert! Jan 12, 2017
Money Wave Alert! Jan 11, 2017
More of the same... The Markets are up, as the S&P 500 bounced off the Pink Line (10-day avg.) today to avoid a Short Term Sell Signal. It is still struggling around the December High of 2277... So far it is not a Good Break-Out on the … [Read more...]
Money Wave Alert! Jan 10, 2017
The Markets are mixed today, as the Trump Rally slowly loses momentum. Probably some NEWS soon to create some Selling. We want to Buy from those undisciplined Buyers that who cannot WAIT for a pull-back. The S&P 500 is still … [Read more...]
Money Wave Alert! Jan 9, 2017
The Markets are down slightly today, except for the Tech Stocks, as the S&P 500 is still struggling around the December High of 2277... So far it is not a Good Break-Out on the S&P 500. FAILURE here could cause SELLING. Very few … [Read more...]
Money Wave Alert! Jan 6, 2017
The Markets are up today, as the S&P 500 has been able to go 5 points above the December High of 2277... But the Volume is low and so far it is not a Good Break-Out. The DOW seems determined to trade at 20000. FAILURE here could … [Read more...]
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