The Dow has moved back to the T-line after yesterday’s bearish Harami. The NASDAQ continues to selloff, trading below the T-line Today, after yesterday’s hanging man/gap down. Continue to close long positions that are not showing strength, the short positions are working well. The portfolio should be oriented toward the short side.
April 20th Daily Market Comments
The Dow has moved back to the T-line after yesterday’s bearish Harami. The NASDAQ continues to selloff, trading below the T-line Today, after yesterday’s hanging man/gap down. Continue to close long positions that are not showing strength, the short positions are working well. The portfolio should be oriented toward the short side.