Mixture of Financial Factors make Market Price Action a Day to Day Proposition.
US Dollar Pulls Back from Short Term Rally. There is no Defined Trend in the Dixie which helps to confound expectations for what is next.
When there is Doubt as to Direction, it pays to look at he Longer Term Charts. The SPY (S&P 500) remains in an Up Trending Channel. When there are short term doubts as to direction, the 6 Month Daily can provide a more solid foundation as to what to expect. In this case it is Bullish.
.jpg){kind=small}
No comments:
Post a Comment