08/29/2016: Markets bounced up today, as several Indices and many Leading Funds went into Money Wave Buy Signals. Soon the S&P 500 should drop down to test Support around 2130.
US Steel X and Metals & Mining Index XME had Money Wave Buys today. We hope to make up the loss we took on them last week, as the Relative Strength is still above 95.
Money Wave Buys: We bought EWZ ILF XME & X on Monday on Money Wave Buy Signals .
There are some juicy Gold Miners coming down to be bought again soon! Wait for Money Wave Buy Signals here on our Watch List Page . We will email you when they are ready. Charts
Alert! Market Risk High. The probability of successful Short Term Trades is lower, when the S&P 500 is Way Above the Green Line. Even the Strongest Funds can get chopped up. Either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.