Today’s positive trading validates the T-line support, provided it closes positive Today above the T-line. Be ready to close out long positions that are showing definite sell signals if the markets start trading lower going into the Yesterday’s selling required evidence of bullish trading on the open Today to indicate the T-line was still acting as an upward lose Today.
November 22nd Daily Market Comments
Today’s positive trading validates the T-line support, provided it closes positive Today above the T-line. Be ready to close out long positions that are showing definite sell signals if the markets start trading lower going into the Yesterday’s selling required evidence of bullish trading on the open Today to indicate the T-line was still acting as an upward lose Today.