Today’s trading continues to reflect that there is no bearish investor sentiment coming into the markets yet. This means that each individual stock/sector should be analyzed based upon their own merits. A slow steady market uptrend is now going to produce profit-taking in sectors that have moved well. This usually implies the sector rotation, making good profit potential starting to occur in new sectors. Stay predominantly long until there is a definable candlestick reversal signal in the indexes. These candlestick signals are clearly defined in our free 12 Major Candlestick Signals.
February 27th Daily Market Comments
Today’s trading continues to reflect that there is no bearish investor sentiment coming into the markets yet. This means that each individual stock/sector should be analyzed based upon their own merits. A slow steady market uptrend is now going to produce profit-taking in sectors that have moved well. This usually implies the sector rotation, making good profit potential starting to occur in new sectors. Stay predominantly long until there is a definable candlestick reversal signal in the indexes. These candlestick signals are clearly defined in our free 12 Major Candlestick Signals.