The T-line rule/Doji rule is providing good evidence the bears are starting to take control. The probabilities are now pointing to closing out long positions that are showing weakness and adding short positions. The NASDAQ gapped down through the T line, a strong sell indication.
August 19th Daily Market Comments
The T-line rule/Doji rule is providing good evidence the bears are starting to take control. The probabilities are now pointing to closing out long positions that are showing weakness and adding short positions. The NASDAQ gapped down through the T line, a strong sell indication.