The diversions in the NASDAQ trading higher and the Dow trading lower continues to the NASDAQ and the S&P 500 continue their uptrend, staying above the T-line. The Dow is trading higher, forming a bullish Harami off the 200 day moving average, the T line is still acting as a resistance. However, the market nature has not changed, the long positions continue to act well and the short positions continue to perform. Each individual stock chart remains the top criteria.
November 22nd Daily Market Comments
The diversions in the NASDAQ trading higher and the Dow trading lower continues to the NASDAQ and the S&P 500 continue their uptrend, staying above the T-line. The Dow is trading higher, forming a bullish Harami off the 200 day moving average, the T line is still acting as a resistance. However, the market nature has not changed, the long positions continue to act well and the short positions continue to perform. Each individual stock chart remains the top criteria.