TSBTV#142 - Market View 8-15-2010
Posted on: August 15, 2010
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The market came under pressure last week as short-term uptrends were broken with harsh selling pressure and multiple downside gaps. Although things stabilized somewhat on Friday, the technical damage had already been done with the bulls suffering their worst week since late June.
Does that mean the recovery is over? Not necessarily, and I’ll explain in the video.
Here in Episode 142, 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)
