Although the markets came up strong on Friday, the T-line area remains a relevant factor. Today’s lower trading is indecisive so far. The overall analysis of the market remains a potential wedge formation in the indexes, implying the selling has likely stopped but the buying is not overwhelming.
October 7th Daily Market Comments
Although the markets came up strong on Friday, the T-line area remains a relevant factor. Today’s lower trading is indecisive so far. The overall analysis of the market remains a potential wedge formation in the indexes, implying the selling has likely stopped but the buying is not overwhelming.