The downgrade of the US bonds closed the indexes back below the T line. Assume bearish sentiment is now in control. Be ready to closeout long positions that are not showing stability. Be ready to add to the short positions. No pics today’s so far until the markets reveal what they are intending to do.
August 3rd Daily Market Comments
The downgrade of the US bonds closed the indexes back below the T line. Assume bearish sentiment is now in control. Be ready to closeout long positions that are not showing stability. Be ready to add to the short positions. No pics today’s so far until the markets reveal what they are intending to do.