
11/29/2016: The Markets continued to tire out from being extremely over-bought. Usually after a steep up rally like the last 3 weeks, the S&P 500 would correct down near the Pink Line, and go back up to re-test recent Highs. Then if it cannot go above the previous High, it would normally have a larger pull-back down to the Red Line (50-day avg.). That will probably happen with BAD NEWS.
The Leading Funds were back up in the Red Zones (probably too late to Buy for the short term), but we should have some Money Wave Buys soon. Bonds are trying to have a short term bottom, but Break the Rules.
Now is the time to have patience & WAIT for Money Waves to return to their Green Zones.
Wait for Money Waves Buys soon for AMKR & OCLR. We will email you when they are ready. Watch List
Click for Charts for Leaders
Click for Current Open Positions
Click for Closed Positions
Alert! Market Risk HIGH (Red Zone). 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.
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