TSBTV#140 - Market View 8-1-2010
Posted on: August 1, 2010
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With Friday’s gap lower, we saw buyers step in to offer support and close the gap. That may signal an end to the short-term pullback as things continue to improve for the bulls.
At least one higher low is already in place, with Friday’s low marking a possible 2nd higher low, and uptrend lines were tested and held last week. It’s sure to be an interesting week ahead of us, so it’s time to get prepped!
Here in Episode 140, 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)
