As can be logically expected, Today is a consolidation day after yesterday’s big bullish trading day. The Dow is showing the greatest weakness today while the other indexes, although trading lower, are not showing any dramatic selling. Unless there is a huge dramatic reversal, assume the overall market trend remains bullish with the indexes trading well within an uptrending trend channel. Stay predominantly long.
April 2nd Daily Market Comments
As can be logically expected, Today is a consolidation day after yesterday’s big bullish trading day. The Dow is showing the greatest weakness today while the other indexes, although trading lower, are not showing any dramatic selling. Unless there is a huge dramatic reversal, assume the overall market trend remains bullish with the indexes trading well within an uptrending trend channel. Stay predominantly long.