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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…
A Poor Quality Test
Friday, August 26, 2016 Click here to open the attached charts What To Do? Short Term: While aggressive short-term Bulls could consider new positions to the upside, the poor risk reward ratio makes this a highly speculative situation. Aggressive short-term bears should maintain their positions. However, we may have reached the end of the decline…
A Rally Off Support?
Thursday, August 25, 2016 Click here to open the attached charts What To Do? Short Term: Aggressive short-term Bulls could consider new positions only if the Wyckoff Wave Springs the sideways movement. These are aggressive positions as there is not much of an objective area to the upside. Aggressive short-term bears should maintain their positions.…
A Very Quiet Day
Friday, August 19, 2016 Click here to open the attached charts What To Do? Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions. They should be closed if strong demand returns. Intermediate & Long Term: Their are no intermediate or long term opportunities to the upside. Long-term…
Is Supply Drying Up?
Thursday, August 11, 2016 Click here to open the attached charts What To Do? Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears should maintain their positions. However, they should be closed if strong demand returns. Intermediate & Long Term: Their are no intermediate or long term opportunities to the upside.…