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June 2, 2019

Money Wave Alert! Jun 2, 2019

SPX Chart

  06/02/2019:  Markets were down again for the week, and have dropped 9.76% in the Month of May. Lots of FEAR and Bad News now... just the opposite of the Good News and Earnings at the April Highs. Remember, Smart Money Sells on Good News and … [Read more...]

May 31, 2019

Money Wave Alert! May 31, 2019

SPY Chart

  Recent BAD NEWS has caused FEAR in the Markets, and that is when we like to BUY. First we need to make sure this decline is an A-B-C Correction down, and the SPY needs to bounce soon around $274 (see chart above). Markets "Gapped Down" … [Read more...]

May 30, 2019

Money Wave Alert! May 30, 2019

TLT Chart

  Markets were mixed today after having a small rally this morning. The  S&P 500 Index is back down in the Green Zone, and the Watch List is large which normally means a bounce up is coming soon. The S&P 500 Index looks like an … [Read more...]

May 29, 2019

Money Wave Alert! May 29, 2019

    Markets were down again today as the  S&P 500 Index fell below the recent Support of 2801. So now this looks like an A-B-C Correction down, with the count on SPY around $274 (see Chart above). The Techs and … [Read more...]

May 28, 2019

Money Wave Alert! May 28, 2019

PLNT Chart

  Markets were down today on low Volume. The Techs and Semiconductors are trying to firm up but still don't have many Buyers yet. The Markets should force a Trade Solution soon. The  S&P 500 Index needs to bounce off of the recent Low … [Read more...]

May 26, 2019

Green Line Weekly May 26, 2019

SPX Chart

  05/26/2019:  Markets were down again for the week after failing to hold above the Pink Lines (10-day avgs.). If the Indices can hold above the recent Lows of 2801 soon, we could see a rally back up near the April Highs. For the week the … [Read more...]

May 24, 2019

Money Wave Alert! May 24, 2019

QQQ Chart

  MARKETS WILL BE CLOSED ON MONDAY FOR MEMORIAL DAY Markets were up slightly today on low Volume before the long weekend. The Techs and Semiconductors don't have many Buyers yet. The Markets should force a Trade Solution soon. The  … [Read more...]

May 23, 2019

Money Wave Alert! May 23, 2019

SPX 60-min Chart

  Markets were down again today on FEAR Selling and lower Volume. The Techs and Semiconductors are weak again. The Markets should force a Trade Solution soon. The  S&P 500 Index fell below the Red Line (50-day avg.) of 2858, and now … [Read more...]

May 22, 2019

Money Wave Alert! May 22, 2019

  Markets were down today on Low Volume. Buyers need a reason to get back in, and the Semiconductors have not bounced up off the Green Line. The  S&P 500 Index is still battling to hold above the Red Line (50-day avg.) of 2858, to … [Read more...]

May 21, 2019

Money Wave Alert! May 21, 2019

  Markets were up today as the Indexes have been able to hold above last Monday's Lows. The Semiconductors bounced on better news about restrictions with Huawei in China. The  S&P 500 Index is still battling to hold above the Red Line … [Read more...]

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