Weakness in the market trend is being demonstrated with the NASDAQ currently trading back below the T-line, forming a sideways wedge. The Dow is trading below Friday’s open, improving the probabilities of a pullback at least to the T-line. Positions that look iffy should be analyzed as to whether they are the best places to have your money. Take some off the table.
November 28th Daily Market Comments
Weakness in the market trend is being demonstrated with the NASDAQ currently trading back below the T-line, forming a sideways wedge. The Dow is trading below Friday’s open, improving the probabilities of a pullback at least to the T-line. Positions that look iffy should be analyzed as to whether they are the best places to have your money. Take some off the table.