Today’s lower trading is in line with the indexes trading below the T-line. Friday’s Doji in the Dow made for a very simple trend analysistoday, the markets were going to move in the direction of how prices opened. Currently, the downtrend is anticipated based upon the island reversal in the indexes last week. Expect more downside.
June 15th Daily Market Comments
Today’s lower trading is in line with the indexes trading below the T-line. Friday’s Doji in the Dow made for a very simple trend analysis today, the markets were going to move in the direction of how prices opened. Currently, the downtrend is anticipated based upon the island reversal in the indexes last week. Expect more downside.