The market trend continues to remain indecisive. The bearish factors are that the indexes are trading below the T-line. The bullish factors are bullish signals forming around the 50 day moving average/support level. Conflicting indicators provide a much more clear analysis of the visual trend of the market, sideways/indecisive. Each individual stock chart needs to be analyzed based upon its own signals/pattern.
December 10th Market Comments
The market trend continues to remain indecisive. The bearish factors are that the indexes are trading below the T-line. The bullish factors are bullish signals forming around the 50 day moving average/support level. Conflicting indicators provide a much more clear analysis of the visual trend of the market, sideways/indecisive. Each individual stock chart needs to be analyzed based upon its own signals/pattern.