TSBTV#139 - Market View 7-25-2010
Posted on: July 25, 2010
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With another pullback having set in after the rally from the July 1st low, the bulls decided enough was enough. No longer would they let another decline lead to new lows, and instead, they turned it into merely a dip by stepping in to bid stocks back up to new recovery highs.
That’s potentially very bullish for this market, but as always, more technical proof will need to be seen. Most notably, a higher high on an intermediate-term basis. For now, short-term higher highs and lows will suffice, but let’s see what this week brings.
Here in Episode 139, 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)
