October 30th Daily Market Comments

The market indexes still do not show any change of investor sentiment. Although the Dow and S&P 500 are trading lower Today, they are trading indecisively, Doji days so far. The NASDAQ is trading positive, further confirming the best friend signal of last week. The biggies such as AMZN, NVDA , NFLX continue to trade higher, indicating bullish sentiment has not yet left the markets. Simple trend analysis, the uptrend remains in progress as long as they continue to trade above the T-line. The oil sector is acting strong, with good bullish signals.