Markets were higher again today as the Sellers disappeared after hearing about more FED Printing news yesterday. The S&P 500 and NASDAQ 100 Indices should Close back above the Red Lines (50-day avgs.) but the DOW 30 and Small Caps are struggling … [Read more...]
Money Wave Alert! Sep 22, 2021
Markets were higher again today after the FED promised more massive Printing and continued Buying of $120 BILLION of Debt monthly. The Indices now have the Red Lines (50-day avgs.) as Short Term Resistance to Close above to bring in more … [Read more...]
Money Wave Alert! Sep 21, 2021
Markets were slightly higher today after yesterday's drop. The Indices now have the Red Lines (50-day avgs.) as Short Term Resistance to Close above to attract more Buyers. Buying was very mild as Investors are waiting to find a Short Term bottom … [Read more...]
Money Wave Alert! Sep 20, 2021
Markets were lower again today as the S&P 500 Index "Gapped Down" below the Red Lines (50-day avgs.) and Short Term Traders Exited. The Markets should have enough momentum to rally back up near the Highs again, but now it might take several … [Read more...]
Money Wave Alert! Sep 17, 2021
Markets were lower today as there were few Buyers to be found. Some of the Leaders have gone slightly lower than on Tuesday, but most are still holding above the Red Lines (50-day avgs.) The decline has been very slow, which normally means that we … [Read more...]
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