06/16/2016 Daily Commentary: Markets dumped below support in the morning, but rallied back on the Close. The Major Indices were down in the Green Zones, but most ended up with Money Wave Buys Signals today (Major Indices have < 90 Relative Strength). The S&P 500 went down below the recent Support of 2064, flushed out the non-believers and Closed at 2078, back above the Red Lines (50-day avgs.) Maybe another pull-back in the morning.
Money Wave Buys on Thursday for CNQ, DAR, HUN, SID, & YNDX. (See listing below)
Soon for BBG, BIG HPE SN, & WPX We will email when they are ready.
Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.
Short Term Trades
| DATE | SYMBOL | BUY PRICE | STOP LOSS |
| 6/16/2016 | CNQ | $28.70 | $27.80 |
| 6/16/2016 | DAR | $15.15 | $14.73 |
| 6/16/2016 | HUN | $15.31 | $14.77 |
| 6/16/2016 | SID | $2.09 | $1.90 |
| 6/16/2016 | YNDX | $21.09 | $20.50 |
| 6/15/2016 | ALB | $79.71 | $79.71 |
| 6/15/2016 | INO | $10.69 | $9.95 |
| 6/15/2016 | OCLR | $4.98 | $4.98 |