The Dow up strong Today is currently trading at the T-line. The indexes are giving the indication of bottoming at the same levels they bottomed out in early February. More indicative is the fact that the past week has seen strong oscillations, up and down, showing investor sentiment is very indecisive. The T line will be a very important factor next week, to see if it still remains as a resistance or if investor sentiment can break up through that level.
March 29th Daily Market Comments
The Dow up strong Today is currently trading at the T-line. The indexes are giving the indication of bottoming at the same levels they bottomed out in early February. More indicative is the fact that the past week has seen strong oscillations, up and down, showing investor sentiment is very indecisive. The T line will be a very important factor next week, to see if it still remains as a resistance or if investor sentiment can break up through that level.