Markets were higher again today and are retesting yesterday's High of 2757. No success so far today. Next resistance is the Red Line (50-day avg.) around 2811. This rally from the Lows could be an A-B-C up on Elliott Wave count. The … [Read more...]
Money Wave Alert! Apr 7, 2020
Markets were higher today as the S&P 500 Index was able to Close above 2641.39 to bring in more Buyers. Next resistance is the Red Line (50-day avg.) around 2815. This rally from the Lows could be an A-B-C up on Elliott Wave … [Read more...]
Money Wave Alert! Apr 6, 2020
Markets "Gapped Up" big today on mild Buying. Many of the Leaders are coming out of their Green Zones for Money Wave Buy Signals today. The S&P 500 Index needs to Close above 2641.39 to bring in more Buyers. The Covid 19 new cases in … [Read more...]
Green Line Weekly Apr 5, 2020
04/05/2020: Markets were down for the week as the Indices need to re-test the March Lows. If the Markets can hold at or above the March Lows and form a "W" pattern, then the Markets could have a sharp rally back up towards the Green Line. … [Read more...]
Money Wave Alert! Apr 3, 2020
Markets were down today as the Indices are slowly re-testing the March Lows. So far the Selling this week has been mild, and many of the Leaders are now back down in their Green Zones for Money Wave Buy Signals soon. It is very normal … [Read more...]
Money Wave Alert! Apr 2, 2020
Markets were up slightly today as Oil prices surged 22 %. So far the Selling this week has been mild, and some of the Leaders are quickly coming back down near their Green Zones for Money Wave Buy Signals soon. It is very normal for the … [Read more...]
Money Wave Alert! Apr 1, 2020
Markets were down again today as the Indices failed to exceed last week's Highs and rolled over. It is very normal for the weaker Markets like the DOW, Small Caps, NYSE, & Transports to go back down and re-test the recent Lows. The … [Read more...]
Money Wave Alert! Mar 31, 2020
Markets were down today as the Indices are struggling to exceed last week's Highs. The major Indices are all still Below the Green Lines, and are over-bought on the Short Term. Short Term Investors might want to raise some CASH. It would … [Read more...]
Money Wave Alert! Mar 30, 2020
Markets were up today as the Indices are trying to exceed last week's Highs. The major Indices are all still Below the Green Lines, and are over-bought on the Short Term. Short Term Investors might want to raise some CASH. It would be … [Read more...]
Green Line Weekly Mar 29, 2020
03/29/2020: Markets were up sharply for the week as the Indices bounced up towards the Green Lines. The DOW 30 Index was 8300 points Below the Green Line on panic selling and FEAR. Since history tells us that Investments always return near … [Read more...]
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