Be careful of an early morning bounce in a downtrend. The Dow is still below the T line, the transportation index is selling off hard. The strong sell signal in the Dow yesterday revealed a major change of investor sentiment. The portfolio bias should be to the short side.
April 1st, 2022 Daily Market Comments
Be careful of an early morning bounce in a downtrend. The Dow is still below the T line, the transportation index is selling off hard. The strong sell signal in the Dow yesterday revealed a major change of investor sentiment. The portfolio bias should be to the short side.