Currently the market indexes are showing a resting day. Nothing has altered the current uptrend, investor sentiment is not changed, evidenced by the fact the markets continue to trade above the T-line. While the major indexes continue to drift higher, the transportation index continues to drift lower, indicating overall investor sentiment is not going to be rampantly bullish. The strategy remains the same, stay predominantly long but have logical stop’s in place.
November 18th Daily Market Comments
Currently the market indexes are showing a resting day. Nothing has altered the current uptrend, investor sentiment is not changed, evidenced by the fact the markets continue to trade above the T-line. While the major indexes continue to drift higher, the transportation index continues to drift lower, indicating overall investor sentiment is not going to be rampantly bullish. The strategy remains the same, stay predominantly long but have logical stop’s in place.