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March 21, 2010 at 7:59 pm | | Comments 2

Video Review of the Indexes 3-21-2010

Serious rally of late, huh?  It’s been nonstop, but I think something under the radar has been driving the action – not the usual greed of the bulls that you might initially think of.

In this video, I’ll lay out what I think that driving force is, how I think it’ll impact the price action going forward, and of course some spots to watch (whether we see a rally or a selloff this week).

As we head into a brand new week of trading, let’s examine some important levels in the indexes 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 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 highly suggest clicking the “HD” on the video player and then going full-screen for best quality.

Thanks for stopping by and I’ll see you here soon with more.

Until then… Trade Like a Bandit!

Jeff White

Are you following me on Twitter yet?

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  1. Hm… I thought that the market will never go above the previous top…

  2. Momentum is an interesting thing, it just always seems to carry things well beyond what might seem reasonable. What’s critical is that we don’t ever let our opinions oppose the price action, because nothing’s ever out of the question in the market.

    Jeff

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