Video Review of the Indexes 8-9-2009

The upside momentum off the July lows continued last week as the indexes surged higher once again.  Strength on Monday and Friday made the difference, taking the market to its best levels of the year.

We’ve seen very little rest in recent weeks, and certainly no pullbacks lasting longer than just a few hours.  With the bulls having clearly established their dominance, will they finally move to book some profits this week or instead will they continue to frustrate the bears?

Let’s examine some important levels in the indexes to keep an eye on in the days ahead, as that will have the greatest influence on how individual stocks are going to move.

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!

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

Trade Like a Bandit!

Jeff White

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