Today’s positive trading is trading as a Doji Day in the Dow and S&P 500, showing indecision in an indecisive market trend. This continues to reveal there is no bullish or bearish consensus in this market, a sideways mode is still the likely prognosis. Continue to hold long positions that are acting strong and shorting positions that continue to act weak. Obviously not a profound trading strategy, but the best strategy for when the markets are showing no decisiveness.
June 30th Daily Market Comments
Today’s positive trading is trading as a Doji Day in the Dow and S&P 500, showing indecision in an indecisive market trend. This continues to reveal there is no bullish or bearish consensus in this market, a sideways mode is still the likely prognosis. Continue to hold long positions that are acting strong and shorting positions that continue to act weak. Obviously not a profound trading strategy, but the best strategy for when the markets are showing no decisiveness.