Be careful! Although the indexes are trading very bullish today, the Dow is moving up without a reversal signal. The NASDAQ is currently hovering at the T line. Unfortunately, for analyzing the overall market trend, today’s positive trading is putting the index charts back into the indecisive trading mode. This is making the analysis of each individual stock/sector as the top criteria. Be alert for selling before the end of the day.
March 1st Daily Market Comments
Be careful! Although the indexes are trading very bullish today, the Dow is moving up without a reversal signal. The NASDAQ is currently hovering at the T line. Unfortunately, for analyzing the overall market trend, today’s positive trading is putting the index charts back into the indecisive trading mode. This is making the analysis of each individual stock/sector as the top criteria. Be alert for selling before the end of the day.