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Video Review of the Indexes 10-3-2010

The major averages put in some much-needed rest last week as they were able to hold above key levels while consolidating. The dips have remained shallow and short-lived since the August lows were set.  Although we’re short-term range-bound, it’s difficult to expect that to stay the same given all the movement we’ve witnessed over the past month.

The week ahead is likely to bring a resolution to this short-term indecision, so it’s time once again to check out the big picture for clues of where momentum might return in either direction.

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 [1] 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 suggest going full-screen for best quality in the video.

Trade Like a Bandit!

Jeff White
Producer of The Bandit Broadcast [2]

Are you following me on Twitter [3] yet?