Today’s tentative trading is occurring with the indexes trading at the T-line area. Buying any long positions should be done so with the idea that if the indexes can’t get above the T-line, be prepared to come back out of long trades quickly. It will be important to see whether the indexes can eventually close above the T-line Today. The markets are currently in an indecisive stage, have stop losses in place.
January 29th Daily Market Comments
Today’s tentative trading is occurring with the indexes trading at the T-line area. Buying any long positions should be done so with the idea that if the indexes can’t get above the T-line, be prepared to come back out of long trades quickly. It will be important to see whether the indexes can eventually close above the T-line Today. The markets are currently in an indecisive stage, have stop losses in place.