June 9, 2013

Stock Market Review

June 9, 2013 by Kunal Desai

S&P 500: +0.78% Nasdaq: +0.39% Russell 2000: +0.35% Wild action last week. After having a couple breakdown patterns follow through last week we had a classic pullback to support and bounce. The same oversold rubberband setup came into play and bounce we went. Any upside follow through above the 20dma …

Watch list 06/10/2013

June 9, 2013 by Kunal Desai

Bounce continued in the Market after an intraday pull back to 50 MA on Thursday. After the last pullback to 50 MA in April S&P-500 made a new high.We will see if the same history repeats this time around with endless QE liquidity pumping . For now we have 20MA overhead resistance in S&P-500,same area …

Apply For Your Boot Camp Seat