The indexes continue to trade indecisively, up one day down the next. The Dow is currently in a sideways trading range, not showing any decisive direction. This continues to make the analysis of each individual stock chart the top criteria. Long positions as well as short positions are working in these market conditions.
June 7th Daily Market Comments
The indecisive trend of the market is illustrated by the indexes hovering at the T line area. The biggies continue to trade in a sideways mode, AAPL up right now, AMZN down. However, the strong patterns continue to perform well.