The presidential debate – a nothing burger! But the prospects of a stimulus package still viable is adding strength to the markets. Obviously, the long positions are working well Today, many trading well above the T-line. Short positions are starting to waiver, be ready to take profits on additional strength. The trend analysis is very easy, as long as the indexes are trading above the T-line, investor sentiment remains bullish. The next wave should be starting.
September 30th Daily Market Comments
The presidential debate – a nothing burger! But the prospects of a stimulus package still viable is adding strength to the markets. Obviously, the long positions are working well Today, many trading well above the T-line. Short positions are starting to waiver, be ready to take profits on additional strength. The trend analysis is very easy, as long as the indexes are trading above the T-line, investor sentiment remains bullish. The next wave should be starting.