The morning indecisive trading is not on next acted after two good solid days in the market indexes. The general prognosis should be the markets getting back up into the trend trajectory of the previous two months after last week’s consolidation. As long as the indexes are now trading back up above the T-line, assume the uptrend remains in progress. However, there will be strong bullish sectors as well as bearish sectors in the slow uptrend the market. Stay predominately long but have some short positions in the portfolio.
April 14th Daily Market Comments
The morning indecisive trading is not on next acted after two good solid days in the market indexes. The general prognosis should be the markets getting back up into the trend trajectory of the previous two months after last week’s consolidation. As long as the indexes are now trading back up above the T-line, assume the uptrend remains in progress. However, there will be strong bullish sectors as well as bearish sectors in the slow uptrend the market. Stay predominately long but have some short positions in the portfolio.