Last week the indexes pulled back to test some important levels, with the NAZ actually cracking 2600. For the time being, support zones elsewhere are holding, leaving the door open for a rally higher within the range.
This week only has 3 1/2 trading sessions, with the market being closed Thursday in observance of Thanksgiving, then an early close on Friday. For all intents and purposes, it will feel like even less than 3 1/2 sessions though, so it’s a good time to be selective and trade smaller due to the diminishing volume as the week progresses.
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.
(Direct video link is here [1] for those interested in sharing).
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast [2]
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