The T-line continues to act as a relevant indicator, showing the trend remains bullish. Each day continues to show one index not moving very much while another index trades slightly positive, merely indicating the movement of funds from one sector to another. The analysis remains simple, as long as the indexes are not showing sell signals and trying to close below the T-line, the slow steady summer uptrend remains in progress.
July 26th Daily Market Comments
The T-line continues to act as a relevant indicator, showing the trend remains bullish. Each day continues to show one index not moving very much while another index trades slightly positive, merely indicating the movement of funds from one sector to another. The analysis remains simple, as long as the indexes are not showing sell signals and trying to close below the T-line, the slow steady summer uptrend remains in progress.