Be careful, although the markets are trading positive Today, they are not showing any great reversal signals. There are numerous stocks still trading lower, especially after bearish kicker signals. Stay predominantly short until you see bullish confirmation/bullish reversal signals. With all the indexes trading below the T-line, the downtrend should remain in progress.
June 26th Daily Market Comments
Be careful, although the markets are trading positive Today, they are not showing any great reversal signals. There are numerous stocks still trading lower, especially after bearish kicker signals. Stay predominantly short until you see bullish confirmation/bullish reversal signals. With all the indexes trading below the T-line, the downtrend should remain in progress.