The NASDAQ continues to show good solid uptrending. The Dow and S&P 500 remain consistently at the T-line area. There is no signs of bearishness in this market, expect a stable/uptrending market to continue. This is allowing the strong candlestick patterns such as frypan bottoms to continue to produce profits, i.e. KLIC and PAH. The biotech sector remains strong. Stay predominantly strong with long positions being targeted to the strong sectors.
January 13th Daily Market Comments
The NASDAQ continues to show good solid uptrending. The Dow and S&P 500 remain consistently at the T-line area. There is no signs of bearishness in this market, expect a stable/uptrending market to continue. This is allowing the strong candlestick patterns such as frypan bottoms to continue to produce profits, i.e. KLIC and PAH. The biotech sector remains strong. Stay predominantly strong with long positions being targeted to the strong sectors.