Reaction in Progress as Expected

Friday, December 30, 2016 WE WISH EVERYONE A SAFE AND HAPPY NEW YEAR, AND A VERY PROFITABLE 2017!!! What To Do? Short Term Short-term bears should hold short positions and use stops at last Wednesday’s highs. Short-term bulls stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained.…
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Santa Claus Rally

Friday, December 23, 2016 ALL OF US HERE AT WYCKOFF SMI WOULD LIKE TO WISH EVERYONE A SAFE AND HAPPY HOLIDAY!! 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…

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