Video Review of the Indexes 8-1-2010

A short-term peak was marked last week with Tuesday’s gap higher, and as per my tweet, it invited some profit-taking.  That sparked a pullback into Friday’s lows, where dip-buyers closed the opening gap.

That begs the question of whether the dip has been completed, and more importantly, is this market poised for another push higher?  Well, as you might expect, I’ll cover that in the video.

As we head into a brand new week of trading, let’s examine some important levels to keep an eye on in the days ahead. That will have the greatest influence on how individual stocks are going to move, so it’s where the trading week begins.

This clip was also posted over on the Trading Videos site (as always), and perhaps you’ve seen it there – but in case you didn’t, I wanted to put it here on the blog for you.

Let me highly suggest clicking the “HD” on the video player and then going full-screen for best quality.

Trade Like a Bandit!

Jeff White
Swing Trading & Day Trading Service
www.TheStockBandit.com

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