Those who are prone to motion sickness are finding this market to be unsettling, but such is the case when corrections are running their course.
At the moment, the indexes are trying to establish some support, but the upside hasn’t been easy to come by for the bulls. Instead, we’ve seen some sharp rallies which have likely been exaggerated by short-covering, but overall the market has settled into a short-term trading range. That’s not so bad though, especially considering how wide it is.
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.
Thanks for stopping by and I’ll see you here soon with more.
Until then… Trade Like a Bandit!
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