Be careful! The Dow has not produced any bullish reversal signal, bullish candles but not bullish candlestick reversal signals. The NASDAQ, after last week’s large piercing signal continues to move sideways, not showing any strong direction. The markets are still in an indecisive/weight and see mode. Both long and short positions are working but keep stops in place.
March 3rd Daily Market Comments
Be careful! The Dow has not produced any bullish reversal signal, bullish candles but not bullish candlestick reversal signals. The NASDAQ, after last week’s large piercing signal continues to move sideways, not showing any strong direction. The markets are still in an indecisive/weight and see mode. Both long and short positions are working but keep stops in place.