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 had a much larger correction as well. Our technometers are not supporting much more weakness, so we think the prudent thing to do is to cover shorts and stand aside. $SPY #XLE $VNQ
We have been short VNQ from lower prices, but we have stayed short as we felt like the rally was suspect. The sector has shown…
Click Here For Wyckoff Wave Chart 06-27-11 Our last post ended with the Wyckoff Wave at point Y. The Wave was in an overbought position…
Click Here For Wyckoff Wave Chart 11-24-11 Ever since I began writing my Weekly Market Reports, to post on the blog, and my daily Pulse…
The Wyckoff Wave closed sharply lower once again for the week, on an increase in volume. We were looking for a successful test of the…
The Wyckoff Wave continued lower for the week. Volume was slightly lower on the selloff. The O-P had its first week of outperformance in months.…
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