Today’s consolidation is not unexpected after the big price move in the markets on Friday. However, the assumption is that the uptrend is in progress as long as the indexes are now trading above the T line. Trading bias should be to the long side. There are still a few, very few, short positions still working.
June 27th Daily Market Comments
Today’s consolidation is not unexpected after the big price move in the markets on Friday. However, the assumption is that the uptrend is in progress as long as the indexes are now trading above the T line. Trading bias should be to the long side. There are still a few, very few, short positions still working.