April 15th Daily Market Comments

Boring! Today’s selling does not indicate any major change of investor sentiment so far. There does not seem to be any dramatic bullish or bearish pressure influencing the market trend Today. Although the indexes are trading lower, they are not forming any sell signals and the indexes continue to trade above the T-line. Today appears to be setting up as a sit and watch day. The current trend remains in progress, provided there is no excessive selling Today.