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.