The downward trend channel persists. Although the NASDAQ is trading slightly positive, it is trading below where it opened, indicating the lack of any bullish sentiment. The Dow is in a sideways channel currently heading lower. Stay predominately short. However, the electric vehicle sector appears to be gaining strength.
October 13th Daily Market Comments
The downward trend channel persists. Although the NASDAQ is trading slightly positive, it is trading below where it opened, indicating the lack of any bullish sentiment. The Dow is in a sideways channel currently heading lower. Stay predominately short. However, the electric vehicle sector appears to be gaining strength.