September 21st Daily Market Comments

Both the Dow and the S&P 500 have gapped up slightly today, above yesterday’s open and continue to trade positive. This little kicker signal at the T-line provides more compelling evidence that the Bulls want to take control. Add to that, the NASDAQ gapping up trying to push through the upper resistance level. The T-line, along with a strong candlestick signal today, still remains the predominant trend indicator.