June 5th Daily Market Comments

The market indexes still do not show any change for potential change of investor sentiment. The Dow and S&P 500 have used the 3T-line as a pullback support already Today and are now just trading slightly positive. The consolidation days add strength to the overall trend, allowing profit-taking to occur along the way. The upward trend remains in progress as long as the indexes trade above the T-line.

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