Today’s positive trading has clearly revealed the Doji sandwich breakout in the NASDAQ is putting it well above the downtrend in resistance level. The Dow and S&P 500 has broken through their resistance levels. Today’s strength needs to be continued into the close to illustrate the new uptrend breakout remains in progress. Stay predominantly long.
July 8th Daily Market Comments
Today’s positive trading has clearly revealed the Doji sandwich breakout in the NASDAQ is putting it well above the downtrend in resistance level. The Dow and S&P 500 has broken through their resistance levels. Today’s strength needs to be continued into the close to illustrate the new uptrend breakout remains in progress. Stay predominantly long.