Markets Under Pressure

Todd Butterfield Market Opinion-Free, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Last Thursday we posted on Twitter to liquidate our long positions in  SPY,  XLE, VNQ, GE, XOM, and MSFT.  Our Wyckoff Tools showed us an overbought market and one that was due for some type of pullback.  Friday was a day of intense selling and so far today we have the same.  Wyckoff Wave is currently trading at 36,269. As Jim O’Brien has been discussing in all of his writings, we have been waiting for …