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Sideways Trading Continues…
Wednesday, February 8, 2017 What To Do? Short Term Short-term bears should hold original short positions and keep stops as previously directed. Be prepared to add to shorts as Technometer reaches overbought once again on this rally. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should…
Sideways Trading Continues…
Monday, February 13, 2017 What To Do? Short Term Short-term bears should hold short positions and keep stops as previously directed. We added shorts this morning in our Model Stock and ETF Portfolios, as the gap opening to the upside gave us the overbought Technometer we was looking for. The Wyckoff Wave rallied intraday…
Another Sideways Dull Day
Monday, February 6, 2017 What To Do? Short Term Short-term bears should hold original short positions and keep stops as previously directed. Be prepared to add to shorts as Technometer reaches overbought once again on this rally. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should…
Expecting Further Decline
Friday, February 3, 2017 What To Do? Short Term Short-term bears should hold original short positions and keep stops as previously directed. Be prepared to add to shorts as Technometer reaches overbought once again on this rally. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should…
Don’t Prejudge the Market
Click Here For Wyckoff Wave Chart 11-24-11 Ever since I began writing my Weekly Market Reports, to post on the blog, and my daily Pulse…