November 18th Daily Market Comments

The Dow is now moved down to the 34 EMA, the NASDAQ and S&P 500 have moved down to the T-line. But note, the NASDAQ and the S&P 500 are currently forming two dark crows, a sell signal. The failure of the indexes reaching new highs in currently showing sell signals produce a strong probability the selling will continue. The short positions are working well today.