April 18th Daily Market Comments

The big talk this morning is the lower crude oil prices based on the DOHA meeting. Note, however, crude oil prices are trading above where they opened. This is a sign that there is not any great mass selling of crude oil. After opening lower this morning, the indexes are now trading positive, keeping in the same mode that has existed in the uptrend for the last two months. The prognosis remains the same, as long as the indexes remain above the T-line, the uptrend remains in progress.