The S&P 500 is showing the most compelling offset of yesterday’s selling with a gap up almost at yesterday’s open and then continuing to trade higher.. Currently the NASDAQ has illustrated its support at the T line, and the Dow is trading higher after two consolidating Doji days. Higher inflation numbers apparently is not creating any bearish sentiment in this current market trend. Use the T line for maintaining long and short positions.
December 10th Daily Market Comments
The S&P 500 is showing the most compelling offset of yesterday’s selling with a gap up almost at yesterday’s open and then continuing to trade higher.. Currently the NASDAQ has illustrated its support at the T line, and the Dow is trading higher after two consolidating Doji days. Higher inflation numbers apparently is not creating any bearish sentiment in this current market trend. Use the T line for maintaining long and short positions.