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June 16, 2016

Thursday Jun 16, 2016 Markets Held at the Red Line!

06/16/2016 Daily Commentary: Markets dumped below support in the morning, but rallied back on the Close. The Major Indices were down in the Green Zones, but most ended up with  Money Wave Buys Signals today (Major Indices have < 90 Relative Strength). The  S&P 500 went down below the recent Support of 2064, flushed out the non-believers and Closed at 2078, back above the Red Lines (50-day avgs.)  Maybe another pull-back in the morning.

Money Wave Buys on Thursday for  CNQ, DAR, HUN, SID,  & YNDX.  (See listing below)

Soon for BBG, BIG HPE  SN, & WPX   We will email when they are ready.

Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.

“Real Time” Charts for Today

Short Term Trades

DATE SYMBOL BUY PRICE STOP LOSS
6/16/2016 CNQ $28.70 $27.80
6/16/2016 DAR $15.15 $14.73
6/16/2016 HUN $15.31 $14.77
6/16/2016 SID $2.09 $1.90
6/16/2016 YNDX $21.09 $20.50
6/15/2016 ALB $79.71 $79.71
6/15/2016 INO $10.69 $9.95
6/15/2016 OCLR $4.98 $4.98

 

Related Post

– Wednesday Jun 15, 2016

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