01/18/19 Dave Landry’s Market In A Minute: Longer-term Downtrend Remains Intact, But Don’t Fight The Short-term
The market continues to improve. However, use caution since it is a) bumping up against overhead supply, b) very overbought, and c) So far, it is still in a downtrend. Therefore, again, don't fight the short-term trend. Do make darn sure that you wait for entries on the short side.