Market Trends are consolidating, but they are leaning to the downside. The total stocks in our base of over 9000 stocks are definitely signaling there is farther to go before we find the bottom. The Dow and S&P are showing a sideways trend. The Nasdaq is still long term to the downside and the Russell 2000 is Trending down. Long Term there are 893 sells to 420 Buys but short term there are 1022 buys and 893 sells.
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If you are not in the market, stay on the sidelines during this consolidation. The time to get into the trends is when they first start. If you get in late you are buying the laggards of the Market Trends and you will probably get chopped up. The Wizard and the WizardPro are geared to get you into the trend at the right time. When we get the signal we jump on board with the Market Trends.
New Products
The Wizard Mutual Funds will be released in a couple weeks.
The IwizardPro will be released in a few days for the Iphone.
You will able to download the application on Apple for a one time charge of $9.99
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Have a great week.
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