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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…
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…
No Follow Through To The Upside
Thursday, September 29, 2016 What To Do? Short Term: Short term bulls, who entered the market, should maintain their positions. Today’s reaction provides another opportunity to take new positions to the upside. However, if strong supply comes into the market early in the trading day, all long position should be closed. There are no short-term…
With the exception of the intra-day trend change, there are no changes from yesterday
Click Here For Wyckoff Wave Chart 05-03-2016 Short Term: Their are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions and continue to look for opportunities to the downside. Market action should be watched carefully, as the reaction may not be particularly strong or deep. Intermediate & Long Term: Intermediate and…
Looking For New Buy Opportunities…
Click Here For Wyckoff Wave Chart 02-08-2016 Short Term: There are no opportunities to the downside Aggressive short-term bulls should consider new opportunities to the upside. However, the minor Last Point of Support should be confirmed by a continued strong move to the upside on Tuesday morning. Less aggressive short-term bulls should wait for a…