Tuesday’s bullish trading The indexes above the T-line and gave the indication a new wave could be starting. However, Tuesday’s weakness in the markets puts the indexes back into the sideways mode, indecisive trend. The T-line remains a very important factor. Unless the market shows strength by the end of the day, confirming Tuesday’s slow curve breakout potential, trade positions should still be watched with a defensive nature.
November 19 Daily Market Comments
Tuesday’s bullish trading The indexes above the T-line and gave the indication a new wave could be starting. However, Tuesday’s weakness in the markets puts the indexes back into the sideways mode, indecisive trend. The T-line remains a very important factor. Unless the market shows strength by the end of the day, confirming Tuesday’s slow curve breakout potential, trade positions should still be watched with a defensive nature.