The indexes produced potential reversal signals on Friday. There is evidence of positive trading Today but not on a consensus basis. Although numerous stocks are trading positive, they have opened higher in trading below where they opened. This implies this is the area for the bulls taking some control but there is still heavy residue from selling still in effect.
March 2nd Daily Market Comments
The indexes produced potential reversal signals on Friday. There is evidence of positive trading Today but not on a consensus basis. Although numerous stocks are trading positive, they have opened higher in trading below where they opened. This implies this is the area for the bulls taking some control but there is still heavy residue from selling still in effect.