Although the market indexes are still in an indecisive mode, they aren’t selling off. The prognosis remains the same, specific sectors are acting well, electric vehicles, the oil sector. There continues to be a good supply of bullish charts as well as bearish charts. Maintain or add positions that have very compelling signals or patterns. Stay predominately long as long as the indexes continue to trade above the T-line.
November 18th Daily Market Comments
Although the market indexes are still in an indecisive mode, they aren’t selling off. The prognosis remains the same, specific sectors are acting well, electric vehicles, the oil sector. There continues to be a good supply of bullish charts as well as bearish charts. Maintain or add positions that have very compelling signals or patterns. Stay predominately long as long as the indexes continue to trade above the T-line.