Markets bounced up from extreme over-sold conditions today. The DOW Index and the NASDAQ 100 were able to hold Above their Green Lines, but the S&P 500 and Small Cap Indices did not hold. This Market has become weaker than expected, … [Read more...]
Money Wave Alert! Oct 24, 2018
Markets are grinding their way lower as the major Indices are at or Below their Green Lines. The S&P weekly chart is back down in the Green Zone (probably too late to Sell), but needs to bounce soon. The Volatility or FEAR Index … [Read more...]
Money Wave Alert! Oct 23, 2018
Markets dropped down today, as the S&P 500 went back down to re-test the recent Lows near the Green Line (250-day avg.) So far the S&P is holding above Support and the Green Line, and then it should work its way back up … [Read more...]
Money Wave Alert! Oct 22, 2018
Markets were mixed today, but the Tech stocks bounced up from over-sold levels. The S&P 500 is slowly going back down to re-test the recent Lows near the Green Line (250-day avg.) Most likely the S&P will hold Support, and work … [Read more...]
Money Wave Alert! Oct 19, 2018
Markets were up slightly today, but many of the Momentum Techs got hit hard. The S&P 500 FAILED at the Pink Line (10-day avg.) on Wednesday, and is slowly going back down to re-test the recent Lows near the Green Line (250-day … [Read more...]
Money Wave Alert! Oct 18, 2018
Markets were down today as the S&P 500 FAILED at the Pink Line (10-day avg.) and is going back down to re-test the recent Lows. This week's rally could be the middle of a "W" and the Strongest will not make it all the way back down … [Read more...]
Money Wave Alert! Oct 17, 2018
Markets were mixed today after yesterday's big rally. The S&P 500 has rallied back up to the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. So be cautious Buying at this time. This … [Read more...]
Money Wave Alert! Oct 16, 2018
Markets bounced up big today on lower Volume as the FEAR has subsided. The S&P 500 is rallying back up towards the Pink Line (10-day avg.) and then it could easily go back down after the STEEP decline last week. This week's rally could … [Read more...]
Money Wave Alert! Oct 15, 2018
Markets were mixed today as the S&P 500 is trying bottom after last week's decline... Maybe down once more to re-test the Green Line (250-day avg.) in a few days. Then the S&P should work its way back up towards the Red Line … [Read more...]
Money Wave Alert! Oct 12, 2018
Markets rallied today as the S&P 500 is trying to Bounce up off the Green Line (250-day avg.) Now the S&P should work its way back up towards the Red Line (50-day avg.) in a few weeks. The FEAR Index (VIX) made a Lower High … [Read more...]
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