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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…
Thursday Is A Critical Day
Wednesday, August 31, 2016 My apologies for the delay in sending Wednesday’s report. We were having significant server issues and I was unable to access the charting service. On another note, I will be traveling on Friday to watch my granddaughter play in her first college soccer game. Papa wouldn’t miss it for the world.…
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…
The Dull Market Continues
Wednesday, August 10, 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.…
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.…