Which direction is the market trend? When the market does not know, that means there is a definite change of investor sentiment occurring from the previous trend. Although the markets are trading back accessibly positive today, continue to be alert. The whipsaw action in the indexes over the past few trading days illustrates what a Doji illustrates in one day, indecision between the Bulls and the bears. Be careful, have both long and short positions in the portfolio, utilizing the T-line as an important trend factor in either direction. The gold and oil sectors remain strong bullish sectors.
April 8th Daily Market Comments
Which direction is the market trend? When the market does not know, that means there is a definite change of investor sentiment occurring from the previous trend. Although the markets are trading back accessibly positive today, continue to be alert. The whipsaw action in the indexes over the past few trading days illustrates what a Doji illustrates in one day, indecision between the Bulls and the bears. Be careful, have both long and short positions in the portfolio, utilizing the T-line as an important trend factor in either direction. The gold and oil sectors remain strong bullish sectors.