Both the Dow and S&P 500 are currently forming a bullish stick sandwich signal. This continues to make the T-line an important analytical factor. Crude oil is also forming a potential stick sandwich provided it closes near the top end of its trading range today. The more prices can continue to close above the T-line, the more indication bullish sentiment is coming back into the markets.
January 26th Daily Market Comments
Both the Dow and S&P 500 are currently forming a bullish stick sandwich signal. This continues to make the T-line an important analytical factor. Crude oil is also forming a potential stick sandwich provided it closes near the top end of its trading range today. The more prices can continue to close above the T-line, the more indication bullish sentiment is coming back into the markets.