More BAD NEWS on the FAANG stocks has caused FEAR in the Markets, and that is when we like to BUY. The S&P 500 Index is down to the Green Line and Support of 274. It needs to bounce soon to remain Bullish (see chart above). Markets … [Read more...]
Money Wave Alert! May 31, 2019
Recent BAD NEWS has caused FEAR in the Markets, and that is when we like to BUY. First we need to make sure this decline is an A-B-C Correction down, and the SPY needs to bounce soon around $274 (see chart above). Markets "Gapped Down" … [Read more...]
Money Wave Alert! May 30, 2019
Markets were mixed today after having a small rally this morning. The S&P 500 Index is back down in the Green Zone, and the Watch List is large which normally means a bounce up is coming soon. The S&P 500 Index looks like an … [Read more...]
Money Wave Alert! May 29, 2019
Markets were down again today as the S&P 500 Index fell below the recent Support of 2801. So now this looks like an A-B-C Correction down, with the count on SPY around $274 (see Chart above). The Techs and … [Read more...]
Money Wave Alert! May 28, 2019
Markets were down today on low Volume. The Techs and Semiconductors are trying to firm up but still don't have many Buyers yet. The Markets should force a Trade Solution soon. The S&P 500 Index needs to bounce off of the recent Low … [Read more...]
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