08/19/2018: Markets were up slightly for the week, after the Indices dipped down near the Red Lines (50-day avgs.) and then bounced. Now the Indices need to Close above the January Highs for the rally to remain healthy. A "Bullish" … [Read more...]
Weekly Green Line Aug 12, 2018
08/12/2018: Markets were mixed for the week, as the Indices stalled near the resistance of the January Highs. It is normal for profit taking to come in at resistance, as many Investors who regretted not getting out in January decided to … [Read more...]
Weekly Green Line Aug 5, 2018
08/05/2018: Markets were slightly higher for the week, as the Indices are going back up to re-test the January Highs. Either the Markets will make New Highs soon, or "Double Top" which would indicate a lack of new money and could cause … [Read more...]
Weekly Green Line Jul 29, 2018
07/29/2018: Markets were higher for the week, as the Indices are going back up to re-test the January Highs. Failure to make New Highs could cause Selling. The broader New York Stock Exchange with 2800 Stocks is weaker. The NASDAQ 100 … [Read more...]
Green Line Weekly Jul 22, 2018
07/22/2018: Markets were mixed for the week, as the broad Markets like the New York Stock Exchange are struggling to go higher. Trump is blaming the Fed on raising short Term Rates. As Technical Analysts, we don't care "WHY" things … [Read more...]
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