Today’s bearish trading has confirmed the indecisive signals at the resistance level in the indexes yesterday. Short positions that were showing good prospect are obviously improving profitability today. The prognosis remains the same, bullish trades require very compelling bullish confirmation, short trades can be added to the portfolio.
May 2nd Daily Market Comments
Today’s bearish trading has confirmed the indecisive signals at the resistance level in the indexes yesterday. Short positions that were showing good prospect are obviously improving profitability today. The prognosis remains the same, bullish trades require very compelling bullish confirmation, short trades can be added to the portfolio.