06/19/2016 Weekly Commentary: Markets were down for the week, and the Major Indices are now back down in the Green Zones. The S&P 500 should bounce at the Red Lines (50-day avgs.) soon, and re-test the 2121 recent high. Maybe another … [Read more...]
Thursday Jun 16, 2016 Markets Held at the Red Line!
06/16/2016 Daily Commentary: Markets dumped below support in the morning, but rallied back on the Close. The Major Indices were down in the Green Zones, but most ended up with Money Wave Buys Signals today (Major Indices have < 90 Relative … [Read more...]
Wednesday Jun 15, 2016
06/15/2016 Daily Commentary: Markets tried to rally today, as the Major Indices are back down in the Green Zones. The rally fizzed out in the afternoon, as the S&P 500 should go back down the retest the recent Support of 2064, and the Red Lines … [Read more...]
Tuesday Jun 14, 2016
06/14/2016 Daily Commentary: Markets were down again today, but the Major Indices are back down in the Green Zones. Markets are down near the Red Lines (50-day avgs.) and the S&P 500 should bounce soon near the Red Line (50-day avg.). Money … [Read more...]
Monday Jun 13, 2016 Daily Commentary
06/13/2016 Daily Commentary: Markets were down today, as the Leaders should return back down to the Green Zones. Last week, many Indices could not get above the April highs, indicating a lack of Buyers. Markets were very over-bought on the short … [Read more...]