10/30/2016: Markets were down for the week as the S&P 500 struggled below the Red Line (50-day average). Most Indices are nearing the 2120 Support, and are almost back into the Green Zones. This means a probable bounce soon, as the Money Wave Buy List is fairly long at this time.
Alert! Market Risk Medium (Yellow 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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