Candlestick charts make trend is obvious. Sell signals and continued trading below the T line makes it very visually clear as to what investor sentiment is doing. The market downtrend makes individual stock analysis easier to evaluate. Numerous short positions looked a little bit testy yesterday but for one major factor, the T line! Although there had been some bullish trading in a number of short stock positions, they had not closed above the T line yet. Well most investors are anxiously waiting for their bullish positions to turn around, candlestick investors are enjoying good profitability.
September 22nd Daily Market Comments
Candlestick charts make trend is obvious. Sell signals and continued trading below the T line makes it very visually clear as to what investor sentiment is doing. The market downtrend makes individual stock analysis easier to evaluate. Numerous short positions looked a little bit testy yesterday but for one major factor, the T line! Although there had been some bullish trading in a number of short stock positions, they had not closed above the T line yet. Well most investors are anxiously waiting for their bullish positions to turn around, candlestick investors are enjoying good profitability.