More Selling to Come?

Thursday, January 19, 2017 What To Do? Short Term Short-term bears should hold short positions and keep stops on first short positions as marked on the intra-day chart.  On any new short positions taken yesterday use a stop at today’s high which is also marked on the chart. Short-term bulls should stand aside. Intermediate &…
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Continued Sideways Action

Friday, January 6, 2017 What To Do? Short Term Short-term bears should hold short positions and use stops at Tuesday/Wednesday (December 27/28th’s high), as marked on the intra-day chart. 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…

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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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