August 08, 2010 at 12:58 pm | | Comments 0

Video Review of the Indexes 8-8-2010

Last week proved to be another healthy one for the bulls.  Quite a bit more happened than it appeared on the surface, as the indexes moved higher, tested uptrend lines successfully, and based quietly beneath key resistance zones. The coming week may be pivotal for this new uptrend, as we’ll face an FOMC day on Wednesday, as well as the fact the bulls have an opportunity to push through key levels in the NAZ and S&P 500.

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
Producer of The Bandit Broadcast

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