Resistance At Top Of Trading Range

Thursday, December 8, 2016What To Do?Short Term Short-term bears should stay short.  Identify possible shorts and be prepared to enter shorts again if we find resistance at top of trading range as expected.  Today’s action still supports this scenario. Short-term bulls stand aside.Intermediate & Long Term: Intermediate and long term positions to the upside should…
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Resistance At Top Of Trading Range

Wednesday, December 7, 2016What To Do?Short Term Short-term bears if you have not been stopped out of shorts, keep stops at recent highs and remain short.  Otherwise stand aside, but identify possible shorts and be prepared to enter shorts again if we find resistance at top of trading range as expected. Short-term bulls stand aside.…

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Resistance At Top Of Trading Range

Friday, December 9, 2016What To Do?Short Term Short-term bears should stay short if you have not been stopped out.  Otherwise identify possible shorts and be prepared to enter shorts again, if we find resistance at top of trading range as expected. Short-term bulls stand aside.Intermediate & Long Term: Intermediate and long term positions to the…

To access this post, you must purchase Charting Membership.

Resistance At Top Of Trading Range

Monday, December 12, 2016What To Do?Short Term Short-term bears should stay short if you have not been stopped out.  Otherwise identify possible shorts and be prepared to enter shorts again, if we find resistance at top of trading range as expected. Short-term bulls stand aside.Intermediate & Long Term: Intermediate and long term positions to the…

To access this post, you must purchase Charting Membership.