Market trend analysis factors. Bullish signals over the past few days have brought the indexes up above the T line. However, the nature of the market is still in a sideways mode, up days, down days. The current bullish trend of the past few days still needs to get the markets up out of the sideways trend channel. Until then, any aggressive buying is not necessary in these market conditions.
July 19th Daily Market Comments
Market trend analysis factors. Bullish signals over the past few days have brought the indexes up above the T line. However, the nature of the market is still in a sideways mode, up days, down days. The current bullish trend of the past few days still needs to get the markets up out of the sideways trend channel. Until then, any aggressive buying is not necessary in these market conditions.