The market conditions are much more illustrated on the candlestick charts versus trying to anticipate the market trend based upon each individual market index on a daily basis. The breakout through resistance for the Dow, S&P 500, and the NASDAQ has not been diminished. When the Dow is trading slightly lower and the NASDAQ is trading higher, it clearly illustrates the lack of any major change of investor sentiment, the uptrend remains in progress. The Candlestick Patterns, such as the Frypan Bottom, remains very relevant. Especially seeing numerous stocks that are confirming Frypan Bottom Breakout’s Today, i.e. TBBK, ALGN, TVTY,SYNA. Investor sentiment is remains a very viable analytical factor when analyzing Today’s market indexes or individual stocks.
April 28th Daily Market Comments
The market conditions are much more illustrated on the candlestick charts versus trying to anticipate the market trend based upon each individual market index on a daily basis. The breakout through resistance for the Dow, S&P 500, and the NASDAQ has not been diminished. When the Dow is trading slightly lower and the NASDAQ is trading higher, it clearly illustrates the lack of any major change of investor sentiment, the uptrend remains in progress. The Candlestick Patterns, such as the Frypan Bottom, remains very relevant. Especially seeing numerous stocks that are confirming Frypan Bottom Breakout’s Today, i.e. TBBK, ALGN, TVTY,SYNA. Investor sentiment is remains a very viable analytical factor when analyzing Today’s market indexes or individual stocks.