December 27th Daily Market Comments

Although Today’s market trading is not very dynamic, it is still consistent ¬†with the overall trend. The T-line continues to act as a support area. Any expected tax selling is more than likely going to be pushed into next year. This would make the current trend likely to persist up until Friday of this week. The slow uptrend continues to provide for the opportunity for strong candlestick charts to continue to move in a bullish direction. As demonstrated in this slow uptrend of the market, candlestick charts reveal which stocks/sectors are providing the strongest profitable trades. The visual analysis Incorporated into candlestick charts takes the guesswork out of which stocks/sectors the big-money is investing in.