The markets continue to demonstrate a lack of conviction. Today’s indecisive trading illustrates the trend channel as being the strongest indicator. However, individual sectors continue to outperform. Crude oil stocks are gaining strength with the prospect of Saudi Arabia cutting production. Utilize each individual stock chart pattern as the main criteria.
September 29 Daily Market Comments
The markets continue to demonstrate a lack of conviction. Today’s indecisive trading illustrates the trend channel as being the strongest indicator. However, individual sectors continue to outperform. Crude oil stocks are gaining strength with the prospect of Saudi Arabia cutting production. Utilize each individual stock chart pattern as the main criteria.