11/04/2018: Markets bounced up for the week, as the Indexes became over over-sold. The S&P 500 is still trying to get back Above the Green Line. Maybe another dip back down next week to re-test the recent Lows. Soon the Strongest … [Read more...]
Money Wave Alert! Nov 2, 2018
Markets were down today as AAPL dropped on Earnings concerns, and many Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). The S&P is still struggling to Close above Green Line of 2726. Be careful … [Read more...]
Money Wave Alert! Nov 1, 2018
Markets were higher again today as buying continued on Lower Volume. The S&P needs to Close above Green Line of 2726. Short Term the Markets are becoming over-bought as the DOW Index has rallied 1200 point from the Low. Be … [Read more...]
Money Wave Alert! Oct 31, 2018
Markets "Gapped Up" today on the first good Buying in a while. Looks like a lot of Short Covering to take profits from betting on a drop. The Selling appears to be almost complete, but maybe once more down. The S&P needs to Close … [Read more...]
Money Wave Alert! Oct 30, 2018
Markets were up today but the Indices still have more work to draw in Buyers. The Selling appears to be almost complete. The S&P needs to Close above Pink Line (10-day avg.) of 2718. The Markets are extremely over-sold, indicating … [Read more...]
Money Wave Alert! Oct 29, 2018
Markets were down today after a rally this morning. Volume is lower, as the Selling appears to be almost complete. S&P needs to Hold above the recent Lows of 2628. The Markets are extremely over-sold, indicating a Market rally … [Read more...]
Green Line Weekly Oct 28, 2018
10/28/2018: Markets dumped for the week, as the S&P 500 sliced below the Green Line. Closing well below the Green Line is "Bearish", but the Markets should have an oversold bounce soon. Soon the Strongest Leaders that are holding … [Read more...]
Money Wave Alert! Oct 26, 2018
Markets dropped back down today as they needed to re-test the recent Lows. The major Indices made slightly Lower Lows, but it does not look like they will Close below Wednesday's Low. The Markets are extremely over-sold, and the FEAR … [Read more...]
Money Wave Alert! Oct 25, 2018
Markets bounced up from extreme over-sold conditions today. The DOW Index and the NASDAQ 100 were able to hold Above their Green Lines, but the S&P 500 and Small Cap Indices did not hold. This Market has become weaker than expected, … [Read more...]
Money Wave Alert! Oct 24, 2018
Markets are grinding their way lower as the major Indices are at or Below their Green Lines. The S&P weekly chart is back down in the Green Zone (probably too late to Sell), but needs to bounce soon. The Volatility or FEAR Index … [Read more...]
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