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.
Markets are no longer benefitting from Low Interest Rates and Oil Prices, but Bonds and Oil are over-sold and could bounce. The S&P 500 Closing below 2119 could be Bearish!
Money Waves Buys soon for ARRY BABA ECA EXEL FMSA GDXJ GORO NBR PE SRPT WB.
We will email you when they are ready. Watch List
Current Open Positions Closed Positions Charts for Leaders
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.
Tell your Friends about us, and HELP ANIMALS.
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