Today’s selling has shown trading at the same level since the open, not demonstrating any dramatic selling pressure. This consolidation has not yet changed the trajectory or investor sentiment of this uptrend. Continue to stay long with the expectation of some profit-taking as the uptrend continues. This makes for a more solid uptrend with the lack of exuberance being demonstrated.
November 28th Daily Market Comments
Today’s selling has shown trading at the same level since the open, not demonstrating any dramatic selling pressure. This consolidation has not yet changed the trajectory or investor sentiment of this uptrend. Continue to stay long with the expectation of some profit-taking as the uptrend continues. This makes for a more solid uptrend with the lack of exuberance being demonstrated.