06/22/2016 Daily Commentary: Markets dropped slightly today, waiting on the European Union Vote tomorrow. The S&P 500 should re-test the 2121 recent high. Failure to make a Higher High would be “Bearish”.
Caution! Many of the Strongest Funds are back up in the Red Zones.
Money Wave Buy on Wednesday for KGC. Soon for TLT & BIG (See Positions below).
We will email when they are ready.
Many Funds are having trouble staying Above 90 Relative Strength. Markets are tired.
