The early morning consolidation appears to be just that, consolidation. The indexes have opened lower today but mostly trading above where they opened, the NASDAQ actually trading slightly positive. This is not unusual for an uptrend, lower opens but then buying continues during the day. Continue to stay predominantly long.
August 30th Daily Market Comments
The early morning consolidation appears to be just that, consolidation. The indexes have opened lower today but mostly trading above where they opened, the NASDAQ actually trading slightly positive. This is not unusual for an uptrend, lower opens but then buying continues during the day. Continue to stay predominantly long.