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The trading ranges we’ve been eyeing for the past several weeks remain in effect after no technical change last week. Upper resistance is still intact, despite the fact that every single dip is still getting bought. Apparently the bulls are in no hurry to muster the momentum necessary to produce a lasting breakout and start another leg higher, although the opportunity awaits them as we head into a new week of trading.
Here in Episode 111, 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)
