The major averages saw a change of character last week, taking us out of the 5-week trading ranges which have kept price movement so restricted for much of the summer. Now, all eyes are on the bulls to see whether this wake-up call will prompt them to defend the trend, or if instead it’s the bears’ time to shine.
As we head into a new week of trading, it’s time once again to take a look at the indexes and the key levels they’re dealing with. This will impact how individual names move, so it’s where every new trading week begins.
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Run time is 6:45.
Trade Like a Bandit!
Jeff White
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