We are still looking for lower equity prices near term….
We feel stocks are still poised for a pullback from the top of the trading range. As you can see from the attached chart of…
Category: Market Opinion-Free
Divergences on short term basis
We are getting divergences on our short term Wyckoff Wave charts with the corresponding OP. We think there is some big volatility coming here in…
Markets sideways for the day….
After opening higher, we had a selloff into lunch time. We then stabbed the days lows a few times, then proceeded to stage an early…
Nice down day today in the stock market…
We implemented shorts on yesterdays strong rally, which paid off today. After opening lower, and a brief quick rally on an Oil Storage number, the…
We are looking to reestablish short positions in the very near future….
We covered our short positions on May 4th, which now appears to be a very good trade. Todays rally is more of what we was…
We are covering all short positions at the market…
Markets are down once again today, and we are at the lows for the last 3 weeks in some of the general indices. Nasdaq has…