Stock Market Analysis 07-22-10

[Mustafoinc]

Good vid, thankx.

[nightlightview]

the SCC chart analysis at 2:25 looked just like SPXU looked all day today on 7/21 (S&P). Interesting that the projected SCC is a mild uptrend for 7/22 tomorrow. I'm short on 5 index ETF's and hoping for a really good day. I recently found the Think/Swim MACD "Awesome Oscillator" is super cool. Excellent video, Thanks a lot.

[StockTradingMaster]

@nightlightview At market open, trading is dominated by amateurs, as the day goes on, amateurs have to go to work. By the end of the trading day it is dominated by professional traders. Professionals often trade against amateurs which is why open and close are usually at opposite ends of candlestick. Your goal is to trade in the direction of the professionals as these are the institutions and they always win in the end. Use open and close to guage sentiment of amateurs vs professionals.