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The bulls continued their assault last week with the creation of more new recovery highs. The recent climb hasn’t come with any giant single-day gains, but it has seen very persistent buying pressure. That’s enough to consider this market short-term overbought, which is grounds for some caution in the next few days.
Here in Episode 100, we’ll examine the NAZ, S&P 500, and DJIA and discuss some important levels to monitor going forward. Hope you find it helpful!
(Be sure to click the full-screen option for best viewing.)
Hope you enjoy the show! Thanks for watching and subscribing, and feel free to post your ideas and comments down below.
Trade like a Bandit!
Jeff White
President, TheStockBandit, Inc.
www.TheStockBandit.com (Premium service)
www.TheStockBandit.net (Trading Blog)
