Although the Dow traded positive yesterday, it was evident the T line was the resisting level. As long as the indexes continue to trade below the T line, assume the downward bias is most prevalent. Have short positions as the major portfolio positioning. The oil stocks sector is maintaining strength.
November 24th Daily Market Comments
Although the Dow traded positive yesterday, it was evident the T line was the resisting level. As long as the indexes continue to trade below the T line, assume the downward bias is most prevalent. Have short positions as the major portfolio positioning. The oil stocks sector is maintaining strength.