Reaction in progress…

Wednesday, December 14, 2016 What To Do? Short Term Short-term bears should stay short and lower stops to todays high. Short-term bulls 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: Neutral Short Term: Up…
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Still Sideways at Top of Range….

Wednesday, December 21, 2016 What To Do? Short Term Short-term bears should stay short and use stops at recent highs.  New short positions could be taken at these levels if volume expands on the downside. Short-term bulls stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There…

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