The indexes showing reversal signals yesterday and closing at or below the T-line produced the probabilities of the market indexes selling off, as confirmed in today’s lower trading. Any long positions should have compelling reasons to stay long. The short positions are obviously working very well. The bias in the portfolio should be to the short side.
November 23rd Daily Market Comments
The indexes showing reversal signals yesterday and closing at or below the T-line produced the probabilities of the market indexes selling off, as confirmed in today’s lower trading. Any long positions should have compelling reasons to stay long. The short positions are obviously working very well. The bias in the portfolio should be to the short side.