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December 13, 2016

Daily Commentary Dec 13, 2016

Money Wave Buys soon!
Money Wave Buys soon!

 

The Markets are made higher Highs today, and are extremely Over-Bought. The S&P could be finishing Wave 5 up of the Trump Rally that began Nov 7th.  After 5 Waves, there will normally be a correction of 1/3 to 1/2 of the Rally. We are taking profits again today, as the Bullish Sentiment is too HIGH. A normal pull-back would take the S&P 500 down near the Red Line (50-day avg.) 

Money Wave Buys soon on the Strong Steel Stocks:

ON DECK:  AKS  CLF  EXEL  GGB  KTOS  STLD  TECK  TSRO & VALE.P

WAIT for Money Waves Buys soon coming out of the Green Zones. We will email you when they are ready.  

Click for  WATCH LIST   

Click for  STOCKCHARTS LIST    

Click for  OPEN POSITIONS

Posted By AbovetheGreenLine at 5:44 pm Leave a Comment

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SH Chart
Inverse S&P 500 Fund (SH) will have a Money Wave Buy today.

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