Although Today’s slight selling is relatively indecisive, not showing any drastic change of investor sentiment, there is another visual consideration. Note that the indexes have been forming numerous Doji’s over the past few trading days. Although the uptrend remains in progress, the indecisive trading of the past few days should act as an alert that there may be a change of investor sentiment coming. Stay long but keep safety stop’s in place.
November 8th Daily Market Comments
Although Today’s slight selling is relatively indecisive, not showing any drastic change of investor sentiment, there is another visual consideration. Note that the indexes have been forming numerous Doji’s over the past few trading days. Although the uptrend remains in progress, the indecisive trading of the past few days should act as an alert that there may be a change of investor sentiment coming. Stay long but keep safety stop’s in place.