Dow: -1.44% S&P 500: -2.44% Nasdaq Comp.: -3.68% Russell 2000: -4.07% Overall a nasty week. The s&p held up pretty well but nasdaq And russell2k got nailed. you always want to see tech and smallcaps leading the way.
WE have some key levels to watch in the s&p. Along with scenarios on what we need to do if they are tested. Right now defensive posturing is a must. Limit swingtrades on the longside to a minimum. Keep overnight exposure light and stay nimble and trade small.
Stock Market Review
Dow: -1.44% S&P 500: -2.44% Nasdaq Comp.: -3.68% Russell 2000: -4.07%
Overall a nasty week. The s&p held up pretty well but nasdaq And russell2k got nailed. you always want to see tech and smallcaps leading the way.
WE have some key levels to watch in the s&p. Along with scenarios on what we need to do if they are tested. Right now defensive posturing is a must. Limit swingtrades on the longside to a minimum. Keep overnight exposure light and stay nimble and trade small.
Here is todays video:
[screencast url=”http://screencast.com/t/nlJeDEtAmzja” width=”” height=””]
[screencast url=”http://screencast.com/t/oJqyHwsssfTf” width=”” height=””]
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