The markets are trading relatively flat. However, the candlestick formations illustrate buying from where the markets opened today. This may not demonstrate any powerful bullish strength, but it does reveal there is not any confirmed selling. The T-line continues to play a critical factor in both the trend of the indexes and current uptrending stocks. Stay predominantly long until there is evidence of a compelling reversal signal in the markets.
February 6th Daily Market Comments
The markets are trading relatively flat. However, the candlestick formations illustrate buying from where the markets opened today. This may not demonstrate any powerful bullish strength, but it does reveal there is not any confirmed selling. The T-line continues to play a critical factor in both the trend of the indexes and current uptrending stocks. Stay predominantly long until there is evidence of a compelling reversal signal in the markets.