06/21/2016 Daily Commentary: Markets were up slightly today, on a small range day. The S&P 500 should re-test the 2121 recent high. Failure to make a Higher High would be “Bearish”.
Caution! Many of the Strongest Funds are back up in the Red Zones.
Money Wave Buys soon on Wednesday for TLT, BIG & KGC. (See Positions below). We will email when they are ready.
Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.
