Can’t Rally Without Demand

Thursday, August 18, 2016 Click here to open the attached charts What To Do? No changes from yesterday Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions. Short-term traders need to decide if they want to ride out any rally, or close their positions and reenter the…
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A Possible Testing Rally

Monday, August 15, 2016 Click here to open the attached charts What To Do? Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions. However, they should be closed if strong demand returns. Short-term traders need to decide if they want to ride out any rally, or close…

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Another Dull Trading Day

Wednesday, August 17, 2016 Click here to open the attached charts What To Do? Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions. Short-term traders need to decide if they want to ride out any rally, or close their positions and reenter the market if the test…

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