The bearish engulfing signal in the Dow yesterday occurred at the same level the recent tops have occurred. Short positions are working very well. Any long positions performing are coming out of J-hook patterns. The indecisive nature of the trend of the markets make having both long and short positions in the portfolio.
July 7th Daily Market Comments
The bearish engulfing signal in the Dow yesterday occurred at the same level the recent tops have occurred. Short positions are working very well. Any long positions performing are coming out of J-hook patterns. The indecisive nature of the trend of the markets make having both long and short positions in the portfolio.