July 7th Daily Market Comments

Today’s positive trading currently indicates the lack of aggressive selling, continuing to make the sideways drift of the market the top prognosis. These market conditions still indicate having both long and short positions in the portfolio. Although the market does not want to go higher, it does not appear to want to go lower either. The T-line remains a crucial factor for analyzing which direction a trend is moving.

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