Expecting the Reaction to Continue

Tuesday, January 24, 2017 What To Do? Short Term Short-term bears should hold short positions and keep stops as previously directed. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside. Market Trends: Intra-day: Down…
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Short-term Opportunities to the Downside

Tuesday August 2, 2016 What To Do? Click here to open the attached charts Short Term: There are no short-term opportunities to the upside. If the scenario described below plays out, aggressive short-term bears could consider new opportunities to the downside. However, at this point, it does not appear any reaction will be particularly long…

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More Withdrawal Of Demand

Monday, November 14, 2016 What To Do? 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 Term: Intermediate and long…

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