The market has returned to its indecisive non-directional mode. The NASDAQ is down, the Dow is up, neither moving in a decisive direction. This continues to make the analysis of individual stock chart the top criteria but even that is producing a difficult trading environment with numerous stocks moving up one day down the next. The T-line remains the ultimate criteria for maintaining positions either long or short.
March 24th Daily Market Comments
The market has returned to its indecisive non-directional mode. The NASDAQ is down, the Dow is up, neither moving in a decisive direction. This continues to make the analysis of individual stock chart the top criteria but even that is producing a difficult trading environment with numerous stocks moving up one day down the next. The T-line remains the ultimate criteria for maintaining positions either long or short.