Be suspect when seeing positive trading in a downtrend when stochastics are still heading in a downward trajectory and not in the oversold area. Stay predominately short. Currently there is no candlestick reversal signals appearing in the market indexes in the indexes trading below the T line. The downtrend remains in progress.
January 19th Daily Market Comments
Be suspect when seeing positive trading in a downtrend when stochastics are still heading in a downward trajectory and not in the oversold area. Stay predominately short. Currently there is no candlestick reversal signals appearing in the market indexes in the indexes trading below the T line. The downtrend remains in progress.