December 20th Daily Market Comments

The push for the Dow 20,000 is still in progress. The Dow chart remains strong, producing a potential J-hook pattern again during this uptrend, the same can be said for the NASDAQ and the S&P 500. Continue to hold long positions, there are a few short positions that can be added to the portfolio as insurance, IE LVS, SSYS. However, the majority of the positions should be going with the flow, uptrending.

Share
Trading in the Stock Market, Trading Options, Trading Futures, and Options on Futures, involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results. CandlestickForum.com, Candlestick-Trading-Forum.com, StephenBigalow.com, and Candlestick Forum LLC do not recommend or endorse any specific trading system or method. We recommend that you research all trading systems, methods and market strategies thoroughly. Full Disclaimer here