September 20th Market Direction

The market indexes not showing any dramatic force one way or the other but the underlying factor of the indexes continuing to trade above the T-line at least provides a greater probability prospect that the uptrend remains in progress. This analysis may not be anything more than analyzing the lack of any great selling pressure in the market, allowing for specific bullish candlestick chart patterns to continue working. Numerous J-hook patterns i.e.DOCU continue to perform, as well as frypan bottom patterns working.

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