Testing The Bottom Of The Intra-day Trading Range

Friday, July 22, 2016 Click here to open the attached charts What To Do? Short Term: There are no short-term opportunities to the upside. Aggressive short-term bears who took positions yesterday should maintain them, unless strong demand comes into the market on Monday morning. If the Wyckoff Wave reacts there is still an opportunity to…
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Short-term Opportunities to the Downside

Tuesday August 2, 2016 What To Do? Click here to open the attached charts Short Term: There are no short-term opportunities to the upside. If the scenario described below plays out, aggressive short-term bears could consider new opportunities to the downside. However, at this point, it does not appear any reaction will be particularly long…

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Backing up to the Creek?

Click Here For Wyckoff Wave Chart 02-19-2016 Short Term: There are no short-term opportunities to the downside. The poor quality rally off the support at the top of the mini trading range continues to question the successful back up to the Creek, for a minor Last Point of Support. However, if strong demand comes into…

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Thursday Is A Critical Day

Wednesday, August 31, 2016 My apologies for the delay in sending Wednesday’s report. We were having significant server issues and I was unable to access the charting service. On another note, I will be traveling on Friday to watch my granddaughter play in her first college soccer game. Papa wouldn’t miss it for the world.…

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