The Dow is confirming a bobble breakout at the 50 day moving average with the other indexes forming J-hook patterns after supporting at the T line for the past few days. Numerous J-hook patterns are working well on individual stock charts. Short positions showing reversals should be or should have been closed out by this point. Stay predominately long.
February 9th Daily Market Comments
The Dow is confirming a bobble breakout at the 50 day moving average with the other indexes forming J-hook patterns after supporting at the T line for the past few days. Numerous J-hook patterns are working well on individual stock charts. Short positions showing reversals should be or should have been closed out by this point. Stay predominately long.