Markets were lower again today as long term Interest Rates are back up re-testing the September highs. The Stock Indices were quickly over-bought and back up in the Red Zones (probably too late to Buy for the short term) yesterday. Stocks don't look … [Read more...]
Money Wave Alert! Oct 6, 2022
Markets were slightly lower today on mild profit taking from the 2 day bounce. The Indices are quickly back up in the Red Zones (probably too late to Buy for the short term) and have Resistance up at the Red Lines (50-day avgs.) Oil Stocks were … [Read more...]
Money Wave Alert! Oct 5, 2022
Markets were mixed today after dropping down on the opening. Then mild buying came in. The Indices now have Resistance up at the Red Lines (50-day avgs.) Oil Stocks were higher as OPEC is planning on cutting 2 Million Barrels of Oil daily. Please … [Read more...]
Money Wave Alert! Oct 4, 2022
Markets were sharply higher today as the buying continued and the Sellers were gone. The Indices were stretched down Way Below the Green Lines on FEAR. Now the Indices gapped up above the Pink Lines (10-day avgs.) forcing the Short Sellers to cover … [Read more...]
Money Wave Alert! Oct 3, 2022
Markets were sharply higher today as the new month began and Sellers were gone. The Indices were stretched down Way Below the Green Lines on FEAR. Now the Indices need to Close above the Pink Lines (10-day avgs.) to force the Short Sellers to cover … [Read more...]
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