The T-line remains a critical factor for maintaining a fry pan bottom trajectory. The NASDAQ and the S&P 500 continue to trade positive while the Dow has consolidated right back to the T line. Stay predominately long as long as the bullish patterns remain above the T line. There are good shorts that are also remaining below the T line.
January 18th Daily Market Comments
The T-line remains a critical factor for maintaining a fry pan bottom trajectory. The NASDAQ and the S&P 500 continue to trade positive while the Dow has consolidated right back to the T line. Stay predominately long as long as the bullish patterns remain above the T line. There are good shorts that are also remaining below the T line.