Although today’s trading is not showing any great vigor, it is illustrating the T-line is acting as support in the continued uptrend. The uptrend remains in progress provided there is not another hard selling day in the markets, confirming the evening star signal of the past few days. Currently, the bullish Harami of yesterday, being confirmed with positive trading today provides evidence the T-line continues to support the uptrend. Stay long but be nimble.
December 3 Daily Market Comments
Although today’s trading is not showing any great vigor, it is illustrating the T-line is acting as support in the continued uptrend. The uptrend remains in progress provided there is not another hard selling day in the markets, confirming the evening star signal of the past few days. Currently, the bullish Harami of yesterday, being confirmed with positive trading today provides evidence the T-line continues to support the uptrend. Stay long but be nimble.