Expecting the Reaction to Continue

Friday, January 27, 2017 What To Do? Short Term Short-term bears should hold original 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:…
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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…

Friday, February 10, 2017 What To Do? Short Term Short-term bears should hold original short positions and keep stops as previously directed.  Be prepared to add to shorts as Technometer reaches overbought once again on this rally. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should…

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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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