Although the markets have not shown any decisive trading over the past few trading days, one underlying factor can be observed. The markets are currently trading above the T-line. This trend analysis allows investors to at least gain some perspective as to the overall trend of the markets even though the daily trading is oscillating from one day to the next. The bias of the portfolio should be slightly bullish, meaning successful short positions should remain in existence.
April 12th Daily Market Comments
Although the markets have not shown any decisive trading over the past few trading days, one underlying factor can be observed. The markets are currently trading above the T-line. This trend analysis allows investors to at least gain some perspective as to the overall trend of the markets even though the daily trading is oscillating from one day to the next. The bias of the portfolio should be slightly bullish, meaning successful short positions should remain in existence.