Today’s positive trading is confirming the bullish Harami’s of Friday, which indicated the selling may have stopped. If the market indexes close of the top end of their trading range today, they will be confirming the bullish Harami’s and closing backup above theT-line, creating another J-hook pattern probability. Be ready to cover short positions if the market closes on a strong bullish finish today.
August 14th Daily Market Comments
Today’s positive trading is confirming the bullish Harami’s of Friday, which indicated the selling may have stopped. If the market indexes close of the top end of their trading range today, they will be confirming the bullish Harami’s and closing backup above the T-line, creating another J-hook pattern probability. Be ready to cover short positions if the market closes on a strong bullish finish today.