Video Review of the Indexes 12-18-2011

The indexes gave up some ground last week, placing them lower within their respective intermediate-term wedges.  Bounce attempts on Thursday & Friday saw poor closes, indicating the buyers still are lacking the enthusiasm needed to regain short-term control.

As we head into a brand new week of trading, let’s examine some important levels 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.

(Direct video link is here for those interested in embedding it elsewhere to share).

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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