The positive trading so far today is more illustrative of a sideways moving market leading up to the inauguration. More than likely the market activity will come to a standstill after lunch. Nothing new in the trading prognosis, stay long in the strong candlestick pattern charts that remain above the T-line, stay short in the bearish charts remaining below the T-line. Monday will likely be the day to show which direction the markets plan to move from here.
January 20th Daily Market Comments
The positive trading so far today is more illustrative of a sideways moving market leading up to the inauguration. More than likely the market activity will come to a standstill after lunch. Nothing new in the trading prognosis, stay long in the strong candlestick pattern charts that remain above the T-line, stay short in the bearish charts remaining below the T-line. Monday will likely be the day to show which direction the markets plan to move from here.