The indexes continue to use the T-line as a support. The Dow and the S&P 500 have used both the T-line and the 50 day moving average as a support. Obviously the uptrend remains in progress but would not want to see the indexes come back down through today’s open. Stay predominately long, many good J-hook patterns in progress.
March 1st Daily Market Comments
The indexes continue to use the T-line as a support. The Dow and the S&P 500 have used both the T-line and the 50 day moving average as a support. Obviously the uptrend remains in progress but would not want to see the indexes come back down through today’s open. Stay predominately long, many good J-hook patterns in progress.