Still Sideways at Top of Range….

Tuesday, December 20, 2016 What To Do? Short Term Short-term bears should stay short and use stops at recent highs if not already stopped out.  A few indices touched new highs today except the S&P 500, NYSE, and Russell 2000. Short-term bulls stand aside. Intermediate & Long Term: Intermediate and long term positions to the…
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Resistance At Top Of Trading Range

Wednesday, December 7, 2016 What 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…

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Still Sideways at Top of Range….

Monday, December 19, 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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