The gap down below the previous day’s open on Friday in the NASDAQ and the S&P 500 produces very strong evidence a change of investor sentiment has occurred. Today’s weakness is confirming. The Dow is forming a bearish Doji sandwich so far today. Any long positions remaining require the lack of any sell signals.
February 6th Daily Market Comments
The gap down below the previous day’s open on Friday in the NASDAQ and the S&P 500 produces very strong evidence a change of investor sentiment has occurred. Today’s weakness is confirming. The Dow is forming a bearish Doji sandwich so far today. Any long positions remaining require the lack of any sell signals.