Expecting the Reaction to Continue

Wednesday, January 25, 2017 What 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…
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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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Sideways Trading Continues…

Monday, February 13, 2017 What To Do? Short Term Short-term bears should hold short positions and keep stops as previously directed.  We added shorts this morning in our Model Stock and ETF Portfolios, as the gap opening to the upside gave us the overbought Technometer we was looking for.   The Wyckoff Wave rallied intraday…

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Expecting the Reaction to Continue

Friday, January 20, 2017 What To Do? Short Term Short-term bears should hold short positions and keep stops on original short positions at the higher level as marked on the intra-day chart.  On any new short positions added last week use the lower stop level as marked on the chart. Short-term bulls should stand aside.…

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