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.
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