Feb. 5.09 :: Stock Market Review using technical analysis

www.FreeTradingVideos.com :: Stock market pops in the face of bad economic news. That's usually a sign of a market bottom. But, I am of the camp we still might have some more downside to come.
Join us at www.FaceBook.com & www.twitter.com/freetradingvids

Category:

Howto & Style

Tags:

• Stock
• Market
• trading
• candlestick
• charting
• charts
• cramer
• forex
• futures
• options
• stocks
• technical
• analysis
• MACD

[keitheeds]

what do you think about spwra

[ds3v3n]

The daily could be bullish with a higher swing low but it could turn bearish if it forms a bearish pennant......The weekly looks strong, but the monthly is building a low base or bearish pennat formation, which is bad......Too many mixed signals for me to want to trade it.

[DayTradersWin]

Interesting video - friend and subscribe for day trading, day trader, day trade videos, technical analysis...

[zozo71zozo71]

the time has come

[TxChristopher]

ds3v3n,

I think you are missing the true triangle. Use the old down channel line that runs across the highs of 11/4 and 11/5 and down across the highs of 1/28 and 1/29. The bottom of the triangle is about 804

Throw out the lows of 11/20 and 11/21 and the light volume overly optimistic new years fakeout, triangles are seldom perfect anyway. But the remainder is an obvious triangle that if we dont break upwardly out of should dump us out and down soon. Right now the number to beat is 862

[maximumvalues]

this is getting confusing. ive put a long SPX hedge on my short positions. when you feel this way we are about to plunge LOL> so i'll just make less money? better safe than sorry.

[keitheeds]

thanks for your valued response - your videos are GREAT! - thanks again