Markets were lower again today on more FEAR Selling, and some of the weaker Stocks have really been trashed. Most of the major Indices are slightly Below the Green Lines, but the S&P 500 Index is still trying to hold. Support is the previous … [Read more...]
Money Wave Alert! Feb 21, 2022
The S&P 500 Chart is still Bullish, but in January it was Way Above the Green Line. From subscriber Masao: "Hi Above Green. Thank you for information. I follow Wave 3 up idea (Click for CHART). However, if goes beyond the last … [Read more...]
Green Line Weekly Feb 20, 2022
MARKETS WILL BE CLOSED ON MONDAY FOR PRESIDENT'S DAY HOLIDAY 2/20/2022 Markets were lower again for the week as the Indices are going back down to re-test the January Lows. Investor's FEAR is the now the highest since 2016 according the Investor … [Read more...]
Money Wave Alert! Feb 18, 2022
Markets dumped out this morning on more FEAR Selling, but buying came in near the close. Technical Analysts like ATGL are waiting for the Stock Indices to successfully finish re-testing the lows of January ("W" pattern). We should know that when the … [Read more...]
Money Wave Alert! Feb 17, 2022
Markets were lower today on more FEAR Selling. Many investors don't believe that the Stock Indices have successfully finished re-testing the lows of January. Apparently Wave 2 down is not over (see DOW chart above). The selling Volume has been low, … [Read more...]
Money Wave Alert! Feb 16, 2022
Markets were lower in the morning and then recovered by the end of the day. Commodities are now very over-bought, and T-Bonds are very over-sold, so there should be some surprises soon. It looks like FED tightening in March could slow the Economy … [Read more...]
Money Wave Alert! Feb 15, 2022
Markets were sharply higher today, as some investors are betting that the Indices have successfully re-tested the lows of January, and held. But the Volume was not high, which tells us that many are not convinced of a good Market bottom, and still … [Read more...]
Money Wave Alert! Feb 14, 2022
Markets were lower again today, as the Indices are going back down to re-test the lows of January. If the Markets are going to rally soon, then this Wave 2 down should end soon. The less that Wave 2 goes down this time, the stronger that the next … [Read more...]
Green Line Weekly Feb 13, 2022
2/13/2022 Markets were lower for the week as the Indices are going back down to re-test the January Lows. The complete rally up off the Green Lines for the DOW 30 and S&P 500 Indices back up to the Highs should have 5 Waves (3 up waves and 2 down … [Read more...]
Money Wave Alert! Feb 11, 2022
Markets were lower again today, as the Indices are going back down to re-test the lows of January. The less that the Markets go down this time, the stronger that the next up rally should be. The very strongest Leaders like the Financials & Energy … [Read more...]
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