Sideways at Top of Range….

Friday, December 16, 2016 What To Do? Short Term Short-term bears should stay short and use stops at recent highs. 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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No Follow Through To The Upside

Thursday, September 29, 2016 What To Do? Short Term: Short term bulls, who entered the market, should maintain their positions. Today’s reaction provides another opportunity to take new positions to the upside. However, if strong supply comes into the market early in the trading day, all long position should be closed. There are no short-term…

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