TSBTV#132 - Market View 5-23-2010
Posted on: May 23, 2010
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Last week proved to be an interesting one - and potentially an important one - as the indexes declined deeper from their May highs to test the May lows. It’s been a very volatile month, too, so that’s no ordinary trading range.
Friday’s exhaustion gap to the downside sparked an upside reversal, but will it stick? That’s the million-dollar question as we move into a brand new week of trading.
Here in Episode 132, 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)
www.TheStockBanditUniversity.com (Trading Courses)
