The lack of decisive direction in the market indexes continues to allow good candlestick chart patterns to progress. The markets remain very sector specific. Gold stocks acting well today. LABU is currently nudging the upper resistance level. NVRO has shown strong confirmation of a J-hook pattern. As long as the indexes demonstrate that there is no change of investor sentiment, the sideways/slow uptrend of the markets remain in progress.
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February 2nd Daily Market Comments
The lack of decisive direction in the market indexes continues to allow good candlestick chart patterns to progress. The markets remain very sector specific. Gold stocks acting well today. LABU is currently nudging the upper resistance level. NVRO has shown strong confirmation of a J-hook pattern. As long as the indexes demonstrate that there is no change of investor sentiment, the sideways/slow uptrend of the markets remain in progress.
Click here to learn more about 12 Major Candlestick Patterns: