Expecting the Reaction to Continue

Wednesday, January 25, 2017What To Do?Short Term Short-term bears should hold original short positions and keep stops as previously directed.  We were stopped out today of the second set of shorts we had added. Short-term bulls should stand aside.Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are…
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Expecting the Reaction to Continue

Tuesday, January 24, 2017What 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: DownShort Term: DownIntermediate Term: UpLong Term: Neutral The…

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Continued Sideways Action

Tuesday, January 3, 2017What To Do?Short Term Short-term bears should hold short positions and use stops at last Wednesday’s highs. Short-term bulls should be looking for long candidates and be prepared to act.Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities…

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