The Resistance Level at the Downtrending channel top continues to act as a resistance level. This is probably the result of the gridlock in our nations capital. The indecisive trend still makes each individual stock and/or sector the prominent analytical factor. The drifting market makes identifying the ultra strong signals more important. Otherwise prices do not appear to have any great Bullish or Bearish forces to help them move.
August 24th Daily Market Comments
The Resistance Level at the Downtrending channel top continues to act as a resistance level. This is probably the result of the gridlock in our nations capital. The indecisive trend still makes each individual stock and/or sector the prominent analytical factor. The drifting market makes identifying the ultra strong signals more important. Otherwise prices do not appear to have any great Bullish or Bearish forces to help them move.