09/12/2016: Markets popped up today, as Buyers came in at the 2130 Support of May 2015. Maybe a re-test down of today’s low soon, then the S&P 500 must Make New Highs above the recent 2194 High to continue this rally since the February lows.
Bonds have weakened, and broke the Red Line (50-day avg.) so Interest Rates rose.
Money Wave Buys: We are watching AMD GDX HPE SINA SMH & WATT to Buy soon. We will email you when they are ready. Watch List Page
Current Open Positions – None
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.
