10/11 /2016: Markets were down today as the S&P 500 closed back below the Red Line (50-day average). The S&P should hold Support around 2119. We are finally getting more Investments in the Green Zones besides the Gold Miners.
Money Wave Buy today for GDXJ. (Yes, the Money Wave did dip down below 20 on the Close… Therefore we are lowering the Sell Stop just below the Green Line to $36, until the Miners completely turn up.
We stopped out of GRUB (looks like Sell Stop was 7 cents too tight), but it is trying to Hold the Red Line…
We might Buy back in the morning, and we will send out email if so.
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.