Investor sentiment is obviously being influenced by politics. The nature of the market remains the same, indecisive positive one day selling the next day. Currently there is no consensus as far as an overall direction of the markets. This continues to create a trading environment that does not produce any advantageous analysis for sustained trade positions. Until the markets produce a decisive direction, any existing positions require confirming trend confirmation, either long or short. This nebulous analysis is based upon the nebulous market conditions.
September 26th Daily Market Comments
Investor sentiment is obviously being influenced by politics. The nature of the market remains the same, indecisive positive one day selling the next day. Currently there is no consensus as far as an overall direction of the markets. This continues to create a trading environment that does not produce any advantageous analysis for sustained trade positions. Until the markets produce a decisive direction, any existing positions require confirming trend confirmation, either long or short. This nebulous analysis is based upon the nebulous market conditions.