Today’s lower trading does not indicate Any major change of investor sentiment, the trend is still above the 3 T-line, let alone the T-line. Until there is a confirmed sell signal, the selling days add strength to the uptrend. As long as profit-taking continues as the trend moves higher, exuberance is not participating. Continue to stay long utilizing the simple candlestick trend indicators. The T-line remains a valuable trend tool when a trend has both bullish and bearish days. The nature of the market remains the same, the strong sectors remain strong, the weak sectors remain weak. This is much more obvious when utilizing the candlesti
January 29th Daily Market Comments
Today’s lower trading does not indicate Any major change of investor sentiment, the trend is still above the 3 T-line, let alone the T-line. Until there is a confirmed sell signal, the selling days add strength to the uptrend. As long as profit-taking continues as the trend moves higher, exuberance is not participating. Continue to stay long utilizing the simple candlestick trend indicators. The T-line remains a valuable trend tool when a trend has both bullish and bearish days. The nature of the market remains the same, the strong sectors remain strong, the weak sectors remain weak. This is much more obvious when utilizing the candlesti