Be careful the bounce! Although the indexes are trading positive today, stochastics are still in a downward direction in the indexes are below the T line. There was sentiment damage done over the past few days in the markets. It would take bullish confirmation of getting the indexes back up above the T line to have bullish confidence built back up.
July 20th Daily Market Comments
Be careful the bounce! Although the indexes are trading positive today, stochastics are still in a downward direction in the indexes are below the T line. There was sentiment damage done over the past few days in the markets. It would take bullish confirmation of getting the indexes back up above the T line to have bullish confidence built back up.