TSBTV#85 - Market View 7-19-2009
Posted on: July 19, 2009
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Last week’s rally was a real ripper, with the indexes tacking on more than 7%. There’s no doubt many were caught off guard, and the highly emotional move suggested some major short-covering was taking place.
And while a rest would certainly be prudent after a surge like that, we may not get it immediately (remember, anything’s possible). If ever there’s a time to be on our toes, this is it!
So here in Episode 85, we’ll take an overall view of the NAZ, S&P 500, and DJIA and discuss some important levels to monitor in the coming days. Hope you find it helpful!
(Be sure to click the full-screen option for best viewing.)
Hope you enjoy the show! Thanks for watching and subscribing, and feel free to post your ideas and comments down below.
Trade like a Bandit!
Jeff White
President, TheStockBandit, Inc.
www.TheStockBandit.com (Premium service)
www.TheStockBandit.net (Trading Blog)
