The T line rule is still in effect. As long as the indexes are trading below the T line, assume investor bias is bearish. Today’s expected Fed comments apparently not appearing to be any great influence. Both long and short positions are working with the bias toward the downside.
November 30th Daily Market Comments
The T line rule is still in effect. As long as the indexes are trading below the T line, assume investor bias is bearish. Today’s expected Fed comments apparently not appearing to be any great influence. Both long and short positions are working with the bias toward the downside.