03/18/2018: Markets were down about 1% for the week, as the Indices had some mild profit taking.
The very Strongest Leaders (NASDAQ 100 Index and Techs) are pulling back down into the Green Zones for Short Term Buy Signals soon. The Long Term Trend is UP.
Bonds are bearish (Below the Green Line and Low Relative Strength) but have rallied up to the Red Line (50-day avg.)
The Inflation Index (CRB) is still trying to get back above the 196.36 Break Out level, which shows some weakness with Inflation. The US DOLLAR bounced off the Lows, and made it up to the Red Line.
Crude Oil was up 0.60% for the week at $62.41, and GOLD was down 0.88%.
___________________________________________________________________________________________
MONEY WAVE BUYS SOON: We are currently in 2 logged Open Positions, for the Short & Medium Term. There are 7 Investments on the Short Term Watch List. Be patient and WAIT for Green Zone Buys!
______________________________________________________________________________________________
LONG TERM TRADES
The Funds below are currently out of favor and and some are having trouble with nice uptrends. But historically these could possibly Double or more from these lower levels. We are looking for a good Entry Point for these, but need the entire Economy & Inflation to pick up speed:
DBC COMMODITY FUND Relative Strength is back Below 90.
FCX FREEPORT MCMORAN Relative Strength is back Below 90.
KOL COAL FUND Relative Strength is back Below 90.
REMX RARE EARTH FUND Volume is too low. Wait to Buy near the Red Line.
RH RESTORATION HARDWARE Buy near the Green Line with a Sell Top Below.
TWTR TWITTER INC. Broke Out Above $25.85. Wait to Buy near the Red Line.
VALE VALE DE RIO Relative Strength is back Below 90.
___________________________________________________________________________________________
Click for Portfolio (Open Positions)
Click for Watch List
Click for Closed Positions
Alert! Market Risk is MEDIUM (Yellow Zone). The probability of successful Short Term Trades is higher, when the S&P 500 is down near the Green Line. The Strongest Investments should re-test their Highs from these Over-Sold levels.
Tell your Friends about the Green Line, and Help Animals.