The market indexes closing below the T line yesterday made be in prepared for more selling. Any long positions that were not showing strength, especially in the overbought area, should have been closed. Numerous strong short positions could be established.
December 6th Daily Market Comments
The market indexes closing below the T line yesterday made be in prepared for more selling. Any long positions that were not showing strength, especially in the overbought area, should have been closed. Numerous strong short positions could be established.