November 13th Daily Market Comments

The positive trading today is potentially creating a bullish Harami’s in some of the indexes, but it will be important to see how things close at the end of the day. Bullish Harami’s at the end of the day would give an indication that the overall market trend may be moving into a sideways/wedge formation is not making any dramatic market move one way or the other. This type of market condition still warrants having both long and short positions in the portfolio.