07/05/2016 Daily Commentary: Markets dropped slightly today, as most of the Leaders are back up in the Red Zones. S&P should re-test recent highs soon.
Oil prices dropped 5% today, and Interest Rates plunged to new lows.
Wait for Money Wave Buys in the Green Zones. Most Funds are back up in the Red Zones.
Many Funds are having trouble staying Above 90 Relative Strength.
Markets are tired. We would like to warn you: When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.