TSBTV#96 - Market View 8-30-2009
Posted on: August 30, 2009
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Following some upside breakouts in each of the major averages, we’ve seen some very hesitant action on the part of the bulls. One would think with the progress they’ve made the past several months that they’d quickly assert their advantage, but last week that wasn’t the case. Instead, the upside never saw traction (although the selling pressure never was able to persist either).
Such is the case in late-August, and perhaps this next week will be different.
Here in Episode 96, we’ll examine the NAZ, S&P 500, and DJIA and discuss some important levels to monitor going forward. 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)
