Today’s positive trading not only confirms the market indexes are staying above the T-line but the fact that Today’s open in the indexes was above the open of yesterday’s trading is a very strong bullish signal based upon the formation of a bullish trend kicker. This implies the strength of the uptrend is continuing with the expectation of more upside.
August 21st Daily Market Comments
Today’s positive trading not only confirms the market indexes are staying above the T-line but the fact that Today’s open in the indexes was above the open of yesterday’s trading is a very strong bullish signal based upon the formation of a bullish trend kicker. This implies the strength of the uptrend is continuing with the expectation of more upside.