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November 28, 2016

Monday Nov 28, 2016

S&P should bounce near the Pink Line (10-day avg.)

S&P should bounce near the Pink Line (10-day avg.) 

11/28/2016:  Markets pulled back today from being extremely over-bought. The S&P 500 should be able to bounce soon around the Pink Line, and go back up to re-test recent Highs. Next good Buy point should be around the Red Line (50-day avg.)  The Leading Funds are back up in the Red Zones (probably too late to Buy for the short term), so RAISE CASH.
Now is the time to have patience & WAIT for Money Waves to return to their Green Zones.

Wait for Money Waves Buys soon.   We will email you when they are ready.  Watch List   

Click for Charts for Leaders 

Click for Current Open Positions   

Click for Closed Positions      

Alert! Market Risk HIGH (Red 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.

Related Post

– Weekly Commentary Nov 26, 2016

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