The trend analysis remains simple, as long as the indexes continue to close above the T-line the uptrend remains in progress. Currently the NASDAQ is trading right at the highs of April. It will be important to see what type of candlestick formation occurs in tomorrow’s trading, resistance or a breakthrough.
June 2nd Daily Market Comments
The trend analysis remains simple, as long as the indexes continue to close above the T-line the uptrend remains in progress. Currently the NASDAQ is trading right at the highs of April. It will be important to see what type of candlestick formation occurs in tomorrow’s trading, resistance or a breakthrough.