The market remains in a consolidation/profit-taking mode after the strong run up over the past few days. Continue to use the T line as your trend indicator. There are numerous bullish candlestick signals and patterns that remain above the T line although showing mild profit-taking. Stay predominately long.
December 9th Daily Market Comments
The market remains in a consolidation/profit-taking mode after the strong run up over the past few days. Continue to use the T line as your trend indicator. There are numerous bullish candlestick signals and patterns that remain above the T line although showing mild profit-taking. Stay predominately long.