July 9, 2019 Market Comments

Although the indexes are trading lower, the NASDAQ and the S&P 500 are trading above where they opened and the T-line continues to act as a relevant support level. The Dow is trading lower but is currently trading right at where it opened, creating an indecisive Doji day. Numerous stocks are trading positive today, implying the lack of any major selling pressure. Anticipate a slow and steady uptrend in the market indexes, making individual stock chart analysis the top criteria.