Although there has been indecisive trading Today, the markets are not showing any selling pressure. The markets may not be showing any extravagant buying pressure but the fact that the indexes are still trading slightly positive and trading above the T-line continues to demonstrate the overall market is not moving one way or the other. These market conditions allow the candlestick signals and patterns to produce profits based upon investor sentiment in each individual stock/sector. Use each individual stock chart as the main criteria.
May 23rd Daily Market Comments
Although there has been indecisive trading Today, the markets are not showing any selling pressure. The markets may not be showing any extravagant buying pressure but the fact that the indexes are still trading slightly positive and trading above the T-line continues to demonstrate the overall market is not moving one way or the other. These market conditions allow the candlestick signals and patterns to produce profits based upon investor sentiment in each individual stock/sector. Use each individual stock chart as the main criteria.