Today’s indecisive trading so far does not show any indications that there has been a change of investor sentiment in the markets. Crude oil is showing some bottoming action and gold prices are stabilizing, indicating the lack of concerns. Continue to stay predominately long with the assumption the uptrend in the markets will remain an uptrend until the appearance of a reversal signal and a close below the T-line.
March 21st Daily Market Comments
Today’s indecisive trading so far does not show any indications that there has been a change of investor sentiment in the markets. Crude oil is showing some bottoming action and gold prices are stabilizing, indicating the lack of concerns. Continue to stay predominately long with the assumption the uptrend in the markets will remain an uptrend until the appearance of a reversal signal and a close below the T-line.