The markets are hoping for good news! As seen in the strong bullish trading Today merely based upon tariffs with China have been delayed till December 1. Unfortunately, this makes the market trend predicated upon whatever the next news tweak is representing. When the markets are trading indecisively, the T-line becomes a much more relevant trend indicator.
August 13th Daily Market Comments
The markets are hoping for good news! As seen in the strong bullish trading Today merely based upon tariffs with China have been delayed till December 1. Unfortunately, this makes the market trend predicated upon whatever the next news tweak is representing. When the markets are trading indecisively, the T-line becomes a much more relevant trend indicator.