A Dull Day, With No Changes

Thursday, October 6, 2016 What To Do? No changes from yesterday. Short Term: Short term bulls, who entered the market, should maintain their positions. There are no short-term positions to the downside. Intermediate & Long Term: Their are no intermediate or long term opportunities to the upside. Long-term positions to the upside should be maintained.…
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No Follow Through To The Upside

Thursday, September 29, 2016 What To Do? Short Term: Short term bulls, who entered the market, should maintain their positions. Today’s reaction provides another opportunity to take new positions to the upside. However, if strong supply comes into the market early in the trading day, all long position should be closed. There are no short-term…

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A Dull Wall Street Day

Thursday, November 17, 2016 What To Do? No changes from yesterday Short Term: Short-term bulls should continue to maintain their positions. The expected minor reaction would create a difficult risk/reward ratio for any new positions to the downside. Short-term short positions are not recommended. There are no short-term positions to the downside. Intermediate & Long…

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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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