June 7th Daily Market Comments

The term indecisive remains the most relevant analysis of the markets. Obviously Today’s trading is not showing any dramatic directional indication. This implies the slow uptrend has not been altered. The simple observation remains that the uptrending stock/sectors continue to move in an uptrending manner as long as they are trading above the T line. Stay predominately long, have safety stops in place. There are also good short positions working.