The indexes needed to see strength Today to indicate the recent tops were not going to continue to act as a resistance. The Dow is currently trading above the T-line, the NASDAQ and S&P 500 are trading into new recent high territory. The uptrend is in progress as long as the markets do not close back below the low end of their trading range today. Continue to stay long.
March 15th Daily Market Comments
The indexes needed to see strength Today to indicate the recent tops were not going to continue to act as a resistance. The Dow is currently trading above the T-line, the NASDAQ and S&P 500 are trading into new recent high territory. The uptrend is in progress as long as the markets do not close back below the low end of their trading range today. Continue to stay long.