Yesterday’s strong sell signals would suggest Today’s positive trading is merely a bounce. The indexes are trading below the T-line. That should be the indication that bullish sentiment is not in this market. Continue to stay predominately short. Any long positions require trading above the T-line to stay long.
September 29th Daily Market Comments
Yesterday’s strong sell signals would suggest Today’s positive trading is merely a bounce. The indexes are trading below the T-line. That should be the indication that bullish sentiment is not in this market. Continue to stay predominately short. Any long positions require trading above the T-line to stay long.