Video Review of the Indexes 5-6-2012
Last week the indexes finished red despite having moved higher earlier in the week. Key levels were approached but the senior indexes were unable to clear them, prompting traders to raise cash.
We caught some nice trades on the week, so in case you missed the recap be sure to check it out.
In preparation for the trading week ahead, let’s examine some important levels to keep an eye on for the indexes. That will have the greatest influence on how individual stocks are going to move, so it’s part of our weekend process.
Selectivity remains the key for new plays, which I’ve been noting for subscribers of our stock pick service.
Be sure to view in HD (720P) and full-screen mode for best quality in the video.
Trade Like a Bandit!
Jeff White
Producer of The Bandit Broadcast
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