Market analysis easy! As long as the indexes are trading below the T line, the downtrend remains in progress. Friday, the Dow traded above the T line most of the day but sold off to the T line area at the end of the day. That indicated there may not be a lot of bullish strength. Stay predominately short. Any long positions should have strong compelling reasons to go/stay long.
April 11 Daily Market Comments
Market analysis easy! As long as the indexes are trading below the T line, the downtrend remains in progress. Friday, the Dow traded above the T line most of the day but sold off to the T line area at the end of the day. That indicated there may not be a lot of bullish strength. Stay predominately short. Any long positions should have strong compelling reasons to go/stay long.