The direction of today’s trading was easily anticipated by the formation of a Dojitape day yesterday. The Dow had come back up toward the top end of the trading range forming a Doji type day but it still closed below the T-line. It needed to open positive and trade positive to confirm that the T-line was still acting as a bullish support.
February 21st Daily Market Comments
The direction of today’s trading was easily anticipated by the formation of a Doji tape day yesterday. The Dow had come back up toward the top end of the trading range forming a Doji type day but it still closed below the T-line. It needed to open positive and trade positive to confirm that the T-line was still acting as a bullish support.