Stock Market Review

Evening folks!  Well after 5 days of dip the market sure had a ripper on Friday.  That really relieved some of the sell pressure in the markets. We had been drip dripping lower in a way that almost pointed to a major flush coming but fridays run put a stop to the bleeding.  Now 1 day doesnt make a pattern its just 1 day.  What we need to see now is some follow through to the upside.  Now that we have had a bounce day we have a much better idea of where our supports are and which levels to hold.

 

[screencast url=”http://screencast.com/t/gBmdRoKqOjFU” width=”” height=””]

 

 

 

 

 

Leave a Comment

Processing...