Sell short DIA and ORCL at the market
As you know from Friday’s “Daily Pulse of the Market”, and the “Week In Review” we are looking for the Wyckoff Wave to experience a short term pullback from these levels.
We would like to sell short DIA (Current Price $190.92, Stop $192.55), and ORCL (Current Price $40.47, Stop $41.47)
We had mentioned in a previous update that we like to look at the chart of $DOWI. When it registers an major overbought reading above 63 on the Technometer, it has lead to declines in most cases. The Technometer is currently above 65 today.
We are still short AAPL, and long GDX from previous positions. We are looking to add to both positions…
Todd
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