The Dow down, the NASDAQ up, the uptrend remains in progress, the indexes continue to trade above the T-line. Maintain long positions, the candlestick patterns are providing strong bullish opportunities, i.e. UBER J-Hook pattern. Although impeachment hearings are going on, the investment community is looking at economic factors, such as housing starts, to make their decisions.
January 22nd Daily Market Comments
The Dow down, the NASDAQ up, the uptrend remains in progress, the indexes continue to trade above the T-line. Maintain long positions, the candlestick patterns are providing strong bullish opportunities, i.e. UBER J-Hook pattern. Although impeachment hearings are going on, the investment community is looking at economic factors, such as housing starts, to make their decisions.