November 15th Daily Market Comments

The Dow is not holding at the 200 day moving average, a viable support level. The other indexes are trading lower but currently well up above their lows of the day. Obviously there is nothing showing any major change of investor sentiment. With the indexes trading below the T line, continue to stay predominantly short until there is some evidence of a candlestick reversal signal. As of now, the sellers remain in control. The weed stocks are showing strength today