Markets are lower today on profit taking.  The S&P 500 slipped Below the Pink Line (10-day avg.) this morning. Now it is trying to Close above 2561 to avoid a Short Term Sell Signal.  Most of the Leaders are in the Red Zones … [Read more...]

  Markets are re-testing Friday's Highs today.  The DOW Index is up more today as Caterpillar and MMM both "Gapped Up" on good Earnings today  The Strongest Indices are holding above the the Pink Lines (10-day avgs.) to avoid Short Term Sell … [Read more...]

  Markets are mixed today after Friday's rally. The Strongest Indices are holding above the the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The BioTechs are in the Green Zone, but no Buy Signal yet. Most of the Leaders are … [Read more...]

  Markets continue to "Melt Up" on Good News and panic Buying. The Strongest Indices bounced up off the Pink Lines yesterday (10-day avgs.) and made Higher Highs today. The BioTechs are still weak, but are in the Green Zone. Most of the … [Read more...]

  Markets "Gapped Down" this morning, but were able to recover after bouncing up off the Pink Lines (10-day avgs.) to avoid Short Term Sell Signals. The BioTechs are still weak, but in the Green Zone. Most of the Leaders are in the Red … [Read more...]