04/15/2018: Markets were up 1 1/2 to 3% for the week, as the Indices rallied up again to the Red Lines (50-day avgs.) This is very normal for the Markets to trade between the Red Lines and Green Lines, until one of the Lines is broken.
Earnings are starting to come out, so maybe the Indices will break the Down Trend lines soon and re-test the Jan Highs. Maybe another pull-back once more to make a Higher Low, which would convince most that the Selling is over.
Some of the Strongest Investments that held Above their Red Lines are back up near the Highs. The Long Term Trend is UP.
Bonds are bearish (Below the Green Line and Low Relative Strength) but have rallied way back up to the Green Line (250-day avg.)
LONG TERM TRADES
The Funds below are currently out of favor and and recent news has cause more weakness. Some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy & Inflation to pick up speed:
Alert! Market Risk is LOW (Green Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments could re-test their Highs from these Over-Sold levels.
Tell your Friends about the Green Line, and Help Animals.