The trend evaluation has not changed, the indexes continue to trade above the T-line as well as exhibiting continued bullish movement. Today’s positive trading in the Dow illustrates the T-line has acted as support yesterday. The NASDAQ trading positive today has already use the 3T-line as a support, the uptrend remains in progress.
August 19th Daily Market Comments
The trend evaluation has not changed, the indexes continue to trade above the T-line as well as exhibiting continued bullish movement. Today’s positive trading in the Dow illustrates the T-line has acted as support yesterday. The NASDAQ trading positive today has already use the 3T-line as a support, the uptrend remains in progress.