The markets closing below the T-line yesterday produces an extremely high probability of a change of investor sentiment. Trade talk tweet’s provided more bearish stimulus, any negative news be an amplified because investor sentiment had confirmed below the T-line yesterday. Maintaining long positions require the lack of any sell signals and continuation above the T-line. When the market shows a reversal potential, having both long and short positions in the portfolio is the viable strategy.
December 3rd Daily Market Comments
The markets closing below the T-line yesterday produces an extremely high probability of a change of investor sentiment. Trade talk tweet’s provided more bearish stimulus, any negative news be an amplified because investor sentiment had confirmed below the T-line yesterday. Maintaining long positions require the lack of any sell signals and continuation above the T-line. When the market shows a reversal potential, having both long and short positions in the portfolio is the viable strategy.