The Dow has already consolidated back to the T-line Today and then started back higher. The NASDAQ and the S&P 500 continue to trade higher but indecisively, appearing to continue the existing uptrend prior to the profit-taking pullback. The strategy remains simple, stay predominately long utilizing the strong candlestick charts, J-hook patterns and best friend signals.
August 25th Daily Market Comments
The Dow has already consolidated back to the T-line Today and then started back higher. The NASDAQ and the S&P 500 continue to trade higher but indecisively, appearing to continue the existing uptrend prior to the profit-taking pullback. The strategy remains simple, stay predominately long utilizing the strong candlestick charts, J-hook patterns and best friend signals.