Wyckoff SMI Blog
I am going to enter a sell stop on our long AAPL at $153.50 Good Till Cancelled. Just in case we have alot lower to go I want to limit exposure.
Paul Tudor Jones says he can’t think of a worse financial environment for stocks or bonds right now
https://www.cnbc.com/2022/05/03/paul-tudor-jones-says-he-cant-think-of-a-worse-financial-environment-for-stocks-or-bonds-right-now.html
Let’s raise the sell stop on the MAR we bought at $177.95, to a sell stop level of $176.00
We like the action in MAR ($177.95, Marriott). We are going to buy at the market and using a sell stop at $162.50. Earnings are started to release on May 4th.
*You should be accessing trades at our stock discord in real-time. If you do not have access, please let us know. We also will be…
Buying MS at the market, current price $105.09. Using close sell stop at $102.85.
Buy AAPL at the market, current price $171.23
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We are going to go long TBT which is the Ultrashort 20 year Treasury. This means we expect the TLT to move lower, and 20 year treasury rates to move higher. Current Price of TBT is $17.39. We are using a $16.97 protective sell stop. **Remember TBT is a leveraged short, so position size lower if needed.
TLT looks like it is making a top as the OP keeps hitting new highs (which happened two months ago), and also just happened at…
I am going to raise yesterday’s protective sell stop on the 1/3rd of our original long BTC position to $46,740.
I am going to put a protective sell stop on another 1/3rd of our original long BTC position at $46,440. Not happy with the last hours weakness….
Our general market indicators are overbought and looking like we are making a short term top here. I am selling IWM at the market ($222.40), and taking small loss. I am also entering a sell stop order on QLYS at $109.70 Good Until Cancelled. I will watch this one as if we can’t breakout here, I might just take small profit and look to buy back lower.
Wyckoff Wave Met Resistance As Expected.
The Wyckoff Wave closed the week down sharply, on low volume. For the last week and a half, the Wave had met resistance at its
Wyckoff Wave Bumping Its Head On The Ice
The Wyckoff Wave closed the week only slightly higher, on low volume. We had expected the Wave to meet resistance at the previous support area,
Wyckoff Wave Back To Resistance
The Wyckoff Wave closed the week sharply higher, on much lower volume. The Technometer is extreme overbought. We closed strongly higher Wednesday/Thursday/Friday to end the
Wyckoff Wave Falling Thru Support
The Wyckoff Wave closed the week lower, after trading slightly higher early in the week to a near overbought Technometer. Volume was average on the
Wyckoff Wave Right At It’s Support.
The Wyckoff Wave closed the week lower, but traded sideways after Monday’s heavy selling. Volume was average on the selloff. The Technometer was close to
Wyckoff Wave Near Bottom Of Trading Range
The Wyckoff Wave closed the week slightly higher, with increased volatility around the FED speak. Volume was average on the selloff. The oversold Technometer reading
