May 22nd Daily Market Comments

The lack of overall movement in the markets still is creating some very strong pattern movements in individual stocks. Today DDOG is producing a J-hook pattern breakout. PS is producing a Doji sandwich slow curve breakout. And strength in Nvidia is continuing wave three. As long as there is no major selling in the indexes, assume the sideways/slow up trending market conditions will produce good strong candlestick signal/pattern breakouts. Stay predominately long, investor sentiment has not changed.