When it becomes hard to find any good trades, either long or short, you have to realize your in a lethargic summer trading day. It may be more worthwhile to go to the beach. Today’s current trading does not reflect any major bullish or bearish trend indication. Continue to hold positions, both long and short, but are continuing to confirm by staying above or below the T-line. Do not anticipate any major market movement on a late-summer Friday trading day.
August 17th Daily Market Comments
When it becomes hard to find any good trades, either long or short, you have to realize your in a lethargic summer trading day. It may be more worthwhile to go to the beach. Today’s current trading does not reflect any major bullish or bearish trend indication. Continue to hold positions, both long and short, but are continuing to confirm by staying above or below the T-line. Do not anticipate any major market movement on a late-summer Friday trading day.