Be careful, although the market indexes are trading positive Today, it will be important to see where they close. Currently, stochastics are still heading down but the Dow is currently supporting at the T line. The NASDAQ has gapped up above the T line after a bullish Harami on Friday. The transportation index is producing a warning, a shooting star signal so far Today. Although the market indexes are trading higher, numerous short positions are acting well. This implies the lack of trend consensus. Continue to have both long and short positions in the portfolio.
March 22nd Daily Market Comments
Be careful, although the market indexes are trading positive Today, it will be important to see where they close. Currently, stochastics are still heading down but the Dow is currently supporting at the T line. The NASDAQ has gapped up above the T line after a bullish Harami on Friday. The transportation index is producing a warning, a shooting star signal so far Today. Although the market indexes are trading higher, numerous short positions are acting well. This implies the lack of trend consensus. Continue to have both long and short positions in the portfolio.