The trend analysis remains the same, as long as the indexes continue to trade above the T line, it is assumed the uptrend remains in progress. Currently there is no signs of any change of investor sentiment. Stay predominately long, short positions should have compelling charts to stay short. Keep safety stops in place with the indexes trading in the overbought condition.
April 9th Daily Market Comments
The trend analysis remains the same, as long as the indexes continue to trade above the T line, it is assumed the uptrend remains in progress. Currently there is no signs of any change of investor sentiment. Stay predominately long, short positions should have compelling charts to stay short. Keep safety stops in place with the indexes trading in the overbought condition.