Today’s positive trading in the market indexes makes the wedge formation/sideways mode of the overall market trend much more prominent. The transportation index continues it’s uptrend, adding evidence that there is no major change or bearish sentiment yet coming into this market. The predominant analytical factor is the sideways wedge movement of the markets. This still makes the analysis of each individual stock chart the top criteria.
March 29th Daily Market Comments
Today’s positive trading in the market indexes makes the wedge formation/sideways mode of the overall market trend much more prominent. The transportation index continues it’s uptrend, adding evidence that there is no major change or bearish sentiment yet coming into this market. The predominant analytical factor is the sideways wedge movement of the markets. This still makes the analysis of each individual stock chart the top criteria.