Although the Dow is doing a short-term bounce, the NASDAQ and the S&P 500 are not following suit. Anticipate more weakness in this market, making short positions a better strategy. Any long positions require continued bullish confirmation by staying above the T line.
February 17th Daily Market Comments
Although the Dow is doing a short-term bounce, the NASDAQ and the S&P 500 are not following suit. Anticipate more weakness in this market, making short positions a better strategy. Any long positions require continued bullish confirmation by staying above the T line.