The slow uptrend in the markets illustrate strength when one index consolidates one day while other indexes are trading positive, followed by the next day where another index consolidates as the others continue higher. This demonstrates there is no exuberance coming into the uptrend, profit-taking followed by more buying. The steady uptrend of the market is providing good profitability in observable candlestick buy signals.
June 6th Daily Market Comments
The slow uptrend in the markets illustrate strength when one index consolidates one day while other indexes are trading positive, followed by the next day where another index consolidates as the others continue higher. This demonstrates there is no exuberance coming into the uptrend, profit-taking followed by more buying. The steady uptrend of the market is providing good profitability in observable candlestick buy signals.