The waffling nature of the market still persist but with one consistency, the indexes continue to now to trade above the T-line. The force of the market is not necessarily anything rampant, as seen in the Dow today where it hit the 50 day moving average and has backed off. The other indexes have the same potential resistance levels to contend with. Continue to hold both long and short positions with a bias toward the long side.
April 13th Daily Market Comments
The waffling nature of the market still persist but with one consistency, the indexes continue to now to trade above the T-line. The force of the market is not necessarily anything rampant, as seen in the Dow today where it hit the 50 day moving average and has backed off. The other indexes have the same potential resistance levels to contend with. Continue to hold both long and short positions with a bias toward the long side.