The indexes needed to see positive trading today to confirm a J-hook pattern that was staying above the T-line. However, the market environment remains very sector specific. The strength in the electric vehicle sector is now seeing profit-taking. The big retail stocks remain strong. And having safety stops in place is required i.e. BGFV.
November 16th Daily Market Comments
The indexes needed to see positive trading today to confirm a J-hook pattern that was staying above the T-line. However, the market environment remains very sector specific. The strength in the electric vehicle sector is now seeing profit-taking. The big retail stocks remain strong. And having safety stops in place is required i.e. BGFV.