Stock Market Technical Analysis For Week Of August 16 2010

http://www.guerillastocktrading.com/technical-analysis/spdr-sp-500-etf-spy-te... Within the video clip below, I do technical analysis on SPY and give you my forecast for the week ahead. You will find there's crucial pivot support zone you need to short the market if it breaks below.

Major economic information slated for release in a few days:

Aug 16 = NY Fed - Empire Manufacturing Index, NAHB Housing Market Index
Aug 17 = Housing Starts, Building Permits, PPI, Industrial Production
Aug 18 = Crude Inventories
Aug 19 = Unemployment Claims, Leading Indicators, Philadelphia Fed

Category:

Education

Tags:

• stock
• market
• technical
• analysis

[indexmoon]

is there anything that can be done about PSA he is now showing buy signals he called back in November the guy is a crook ..he needs to be investigated

[StockTradingMaster]

@indexmoon I don't get involved in other people's channels. Reminds me of a guy who kept spamming my channel with penny stocks so I banned him. He complained to an outwardly christian stock trader called Airelon who then sent me a nasty message about banning people. There's two sides to every story and I really don't care to hear any of them.

[indexmoon]

@StockTradingMaster fair enough

[StockTradingMaster]

@StockGuyTips OOOkay. I get tired of buying stocks were all the millionaires and billionaires are buying into them as well?! I'd rather buy junior market /small cap companies, wink wink. It must be backwards day or you've gone completely insane.