The T-line continues to act as a relevant indicator. The major indexes bounced up to that level Today and are currently starting to selloff. This indicates a bounce has occurred in the market but not yet a full fledged reversal back to the upside. These market conditions warrant being very selective as far as the strength of the signals and patterns. Continue to have both long and short positions in the portfolio.
September 10th Daily Market Comments
The T-line continues to act as a relevant indicator. The major indexes bounced up to that level Today and are currently starting to selloff. This indicates a bounce has occurred in the market but not yet a full fledged reversal back to the upside. These market conditions warrant being very selective as far as the strength of the signals and patterns. Continue to have both long and short positions in the portfolio.