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.