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.
Hit the gear icon on the player to select HD and then go full-screen for best quality.
Run time is 6:45.
Trade Like a Bandit!
Take a trial to my Stock Pick Service to get my trades.