The markets continue to trade in a conciliatory manner, the Dow is currently using the 50 day moving average/T-line as a support. The NASDAQ and the S&P 500 trading slightly lower and indecisively. The transportation index is trading positive. This scenario indicates the lack of any major selling pressure, merely profit-taking. This scenario will remain in progress provided there is not any major slam to the downside. Let each individual stock chart the top analytical factor.
June 12th Daily Market Comments
The markets continue to trade in a conciliatory manner, the Dow is currently using the 50 day moving average/T-line as a support. The NASDAQ and the S&P 500 trading slightly lower and indecisively. The transportation index is trading positive. This scenario indicates the lack of any major selling pressure, merely profit-taking. This scenario will remain in progress provided there is not any major slam to the downside. Let each individual stock chart the top analytical factor.