The bullish flutter kicker signal of last week is still in effect, trying to push the indexes backup toward the top of the wedge channel. Numerous signals, such as the double Doji set up, is confirming good breakout patterns, i.e.NVDA. Continue to stay long with the ultimate target being the top of the wedge channel/resistance level. Making hay while the sun shines is dramatically enhanced when witnessing strong candlestick signals at a bottom of a channel, with the likely target the top of the channel.
October 15th Daily Market Comments
The bullish flutter kicker signal of last week is still in effect, trying to push the indexes backup toward the top of the wedge channel. Numerous signals, such as the double Doji set up, is confirming good breakout patterns, i.e.NVDA. Continue to stay long with the ultimate target being the top of the wedge channel/resistance level. Making hay while the sun shines is dramatically enhanced when witnessing strong candlestick signals at a bottom of a channel, with the likely target the top of the channel.