TSBTV#130 - Market View 5-16-2010
Posted on: May 16, 2010
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Crazy market we’re in, isn’t it? Take last week for example…started out with a 400-point DJIA gap to the upside, ended with weakness, and now it’s looking like a lower high has just been established on the daily charts of the indexes.
No move is off limits here. We could bounce huge, tank completely, or put in rest, and none of it would be surprising. Such is the nature of a volatile market.
But that means there’s opportunity!
Here in Episode 130, 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)
www.TheStockBanditUniversity.com (Trading Courses)
