We purchased 200 TLT at $122.76, Stop at $121.76. Also selling short 500 GDX at $16.43, Stop at $17.03
We are expecting stocks to rollover here and bonds to work higher. We also like the sell in Precious metals here so we are going short the GDX. This last GDX rally has a short-term divergence with the FORCE Index and we think this market rolls over here.
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…
Click Here For Wyckoff Wave Chart 06-08-11 Let’s pick up our study of the Wyckoff Wave at point M. Click here to view and download…
Click Here For Wyckoff Wave Chart 05-25-12 Last week’s Market Letter spent time reviewing the Wyckoff Wave from a longer-term perspective. In doing that, it…
Click Here For Wyckoff Wave Chart 01-11-13 Wyckoff investors and traders can look at the stock market with two very different perspectives. The short-term Wyckoff…
Click Here For Wyckoff Wave 09-08-10 This is the first of many future posts about the Wyckoff Wave. These will include some history of past…
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.
We moved our two subscriptions to a Discord channel
Now you can Join us on Discord Channel
Responses