The markets continue to demonstrate consolidation/profit-taking in the early part of the day. The transportation index has sold off hard today but appears to be using the T-line as a support area, the NASDAQ likewise. Assume bullish sentiment is still in control as long as the indexes trade above the T line.
June 6th Daily Market Comments
The markets continue to demonstrate consolidation/profit-taking in the early part of the day. The transportation index has sold off hard today but appears to be using the T-line as a support area, the NASDAQ likewise. Assume bullish sentiment is still in control as long as the indexes trade above the T line.