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TSBTV#136 - Market View 6-20-2010

TSBTV#136 - Market View 6-20-2010

The major averages pushed to new recovery highs last week and then held there for a few days, putting in some well-deserved rest.  The coast isn’t clear yet, but the buyers have stayed active of late, reasserting themselves in a consistent manner not seen in some time.

At this point, we could either accelerate higher, or see a pullback kick in.  The latter scenario could potentially create a higher low on the daily charts, which would bode well for additional upside in the weeks ahead.  That makes this coming week an important one, so show up prepared!

Here in Episode 136, 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.
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