Stock Market Review

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 next week puts us right back into range of highs.

[screencast url=”http://screencast.com/t/Yrm5qHAr” width=”” height=””]

[screencast url=”http://screencast.com/t/TgIbt29LLKDF” width=”” height=””]