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Don’t Prejudge the Market
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…
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…
Take a Rest?
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…
A Possible Spring
Tuesday, August 16, 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 a Spring is confirmed. Short-term traders need to decide if they want to ride out any rally, or…
A Poor Quality Test
Friday, August 26, 2016 Click here to open the attached charts What To Do? Short Term: While aggressive short-term Bulls could consider new positions to the upside, the poor risk reward ratio makes this a highly speculative situation. Aggressive short-term bears should maintain their positions. However, we may have reached the end of the decline…