TSBTV#120 - Market View 3-7-2010
Posted on: March 7, 2010
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The recent run from the February lows has been a difficult one to trust, particularly given the lack of upside volume which has accompanied this rally. However, last week we saw the NAZ sprint to a new 52-week high, taking out both the February and January highs in the process.
The S&P 500 and DJIA have yet to follow, so that will garner quite a bit of attention in the days and weeks ahead. Is a bull trap getting established on the NAZ, or will the senior indexes follow?
Here in Episode 120, 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)
