07/26/2016 Daily Commentary: Markets dropped slightly again today. The S&P 500 is trying to hold above the Pink Line (10-day avg.). Maybe hawkish Fed talk tomorrow will cause selling.
The S&P 500 should drop down soon to test Support around 2130. Then it should have another bounce back up to re-test the current Highs
Current Open Positions We bought AGI & NGD on Tuesday.
Money Wave Buys soon for KGC NTDOY OKE & RYI. We will email you with the next Money Wave Buy Signals.
Many Funds are having trouble staying Above 90 Relative Strength.
When Markets are tired like they are now, either take quick gains from Money Wave Pops, or STAY IN CASH & WAIT for a larger correction.
