Is this a bad day in the market? For most investors it is. Fortunately for candlestick investors, the scanning process makes a natural evolution of rolling a portfolio from predominantly long to predominantly short based upon the evaluation of the market indexes. Being predominantly short makes this a very good day in the markets. When will the selling stop? More than likely at levels that everybody else’s watching to see if that will be a support level.
October 2nd Daily Market Comments
Is this a bad day in the market? For most investors it is. Fortunately for candlestick investors, the scanning process makes a natural evolution of rolling a portfolio from predominantly long to predominantly short based upon the evaluation of the market indexes. Being predominantly short makes this a very good day in the markets. When will the selling stop? More than likely at levels that everybody else’s watching to see if that will be a support level.