Markets dumped out this morning on more FEAR Selling, but buying came in near the close. Technical Analysts like ATGL are waiting for the Stock Indices to successfully finish re-testing the lows of January ("W" pattern). We should know that when the … [Read more...]
Money Wave Alert! Feb 17, 2022
Markets were lower today on more FEAR Selling. Many investors don't believe that the Stock Indices have successfully finished re-testing the lows of January. Apparently Wave 2 down is not over (see DOW chart above). The selling Volume has been low, … [Read more...]
Money Wave Alert! Feb 16, 2022
Markets were lower in the morning and then recovered by the end of the day. Commodities are now very over-bought, and T-Bonds are very over-sold, so there should be some surprises soon. It looks like FED tightening in March could slow the Economy … [Read more...]
Money Wave Alert! Feb 15, 2022
Markets were sharply higher today, as some investors are betting that the Indices have successfully re-tested the lows of January, and held. But the Volume was not high, which tells us that many are not convinced of a good Market bottom, and still … [Read more...]
Money Wave Alert! Feb 14, 2022
Markets were lower again today, as the Indices are going back down to re-test the lows of January. If the Markets are going to rally soon, then this Wave 2 down should end soon. The less that Wave 2 goes down this time, the stronger that the next … [Read more...]
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