Markets were mostly down today as many Indices slipped below the Pink Lines (10-day avgs.)  The S&P 500 dropped down to the January Support of 2872, and is trying to bounce. Falling below would be "bearish". The Markets should lift off … [Read more...]

  Markets were down again today after struggling at the Pink Lines (10-day avgs.)  The Tech Stocks are weaker, and might Close below the Pink Lines to create Short Term Sell Signals. Still looks more like the Markets should try to go back up … [Read more...]

  Markets dropped down to the Pink Lines (10-day avgs.)  this morning and bounced. Closing below the Pink Lines would have created Short Term Sell Signals. Now the Markets should try to go back up and make Higher Highs. These tiny pull-backs … [Read more...]

  MARKETS WILL BE CLOSED ON MONDAY. Markets were down slightly today as the Leaders are slowly coming down from the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines … [Read more...]

  Markets were down today as the Leaders are back up in the Red Zones (probably too late to Buy for the Short Term). Probably a bounce soon when the Indices near the Pink Lines (10-day avgs.) Momentum traders are rotating into fewer … [Read more...]

  Markets were up again today as the Strongest Leaders are "melting up" on continued Buying. Momentum traders are rotating into the fewer stocks, and the list is becoming very narrow. The S&P 500 is now over-bought (Top Bollinger … [Read more...]

  Markets were up slightly today on follow through Break Out Buying by the S&P 500. Usually when this rally stalls out, the S&P 500 will fade back down to Test the 2872 Break Out level.  It would be "Bullish" to Hold and Bounce near … [Read more...]

  Markets "Gapped Up' on Good News and Break Out buying as the S&P 500, NASDAQ, and Small Cap Indices made New Highs again today on lower Volume.  Very few individual stocks are making New Highs. The DOW Transport Index made new … [Read more...]