Be careful, the effects of yesterday’s selling, taking the indexes back down through the T-line, is still in effect. Although there is currently some positive trading, in the markets, the T-line is still a relevant factor. The indexes need to get back up above the T-line to show the uptrend is still in progress and diminishing a little of the indecisive nature of the markets. Breakouts are still working, today’s recommendation on NCTY after yesterday’s breakout is up 42%. The lithium battery mining and manufacturers are continuing to shows strength. The nature of the market remains the same, very sector specific.
January 5th Daily Market Comments
Be careful, the effects of yesterday’s selling, taking the indexes back down through the T-line, is still in effect. Although there is currently some positive trading, in the markets, the T-line is still a relevant factor. The indexes need to get back up above the T-line to show the uptrend is still in progress and diminishing a little of the indecisive nature of the markets. Breakouts are still working, today’s recommendation on NCTY after yesterday’s breakout is up 42%. The lithium battery mining and manufacturers are continuing to shows strength. The nature of the market remains the same, very sector specific.