The uptrend remains in progress in the market indexes especially with a J-hook pattern set up in the Dow and the transportation index. The J-hook patterns are continuing to be profitable. The trading strategy remains simple, stay predominately long as long as the indexes continue to trade above the T line.
August 8th Daily Market Comments
The uptrend remains in progress in the market indexes especially with a J-hook pattern set up in the Dow and the transportation index. The J-hook patterns are continuing to be profitable. The trading strategy remains simple, stay predominately long as long as the indexes continue to trade above the T line.