Wyckoff Wave is slowly working lower….

The Wyckoff Wave is stepping ever so slightly lower, but broader indices like the S&P and Nasdaq are not following suit.
We are still short the SPY, VNQ, and TLT, as well as Apple.
We are not happy with our shorts in the SPY and VNQ, and actually we just registered our worse monthly performance in 3-4 years with the strategy we manage.  We have struggled recently and not in sync with the markets.
We are looking to probably add to our short in TLT, as we think we are starting a nice intermediate trend down.
Our small short in Apple has been a problem, but as our previous trade in Apple, we are looking to add to shorts.
We are preparing to possibly sell short GDX in the coming days so we are watching that market carefully.
 

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