09/01/2019: Markets were up for the week, after the S&P 500 Index went down to re-test last week's Low and held higher. Some of the Indices are back above the Red Lines (50-day avgs.) which is Bullish. The Small Caps and Transports … [Read more...]
Green Line Weekly Aug 25, 2019
08/25/2019: Markets were down for the week, after failing to Close above the Red Line (50-day avg.) The S&P 500 Index is boxed between the Green Line (250-day avg.) and the Red Line (50-day avg.). A BIG move should occur when the … [Read more...]
Green Line Weekly Aug 18, 2019
08/18/2019: Markets were down slightly for the week, after bouncing up again from the Green Line. Last week the S&P 500 Index bounced up from the Green Line, but then Failed decisively up at the 50-day average. This week's bounce … [Read more...]
Green Line Weekly Aug 11, 2019
08/11/2019: Markets were down slightly for the week, after dumping down to the Green Line and then bouncing nicely. Bonds and Gold are trading as if an Economic Slow Down is a certainty. Trump needs to cut a Trade Deal with China soon … [Read more...]
Green Line Weekly Aug 4, 2019
08/04/2019: Markets were down for the week, after the FED cut Interest Rates 1/4 point on July 31. Then Smart Money took profits on the "Good News" from the FED. Most of the major Indices and Leaders were very over-bought, but have now … [Read more...]
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