TSBTV#137 - Market View 7-5-2010
Posted on: July 5, 2010
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The major averages dropped again last week with nonstop selling pressure, leaving the market down all 5 sessions last week.
With the market badly in need of a bounce, and with deeply oversold conditions, a short-term rally is looking increasingly likely. However, we’re still waiting on it to arrive. That should keep this next week interesting to say the least.
Here in Episode 137, 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)
