Uploaded by askchrishetrades on Aug 8, 2009
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Hi Traders, I am finally back on the scene with the market videos. Had a delay from the videos due to my long awaited graduation that took place on Tuesday. So now that I am back you guys will be back up to date with the key channels that we follow and live by at AskChrisHeTrades.Blogspot.Com. For those of you guys that have been following me, you can see our proprietary channels have been playing a key factor and has helped us capitalize on this uptrend that has been going on. We all know the government is in the market keeping it afloat on the cost of the dollar. I brought to your guys attention on the blog earlier this week that the dollar should get a bounce and that is exactly what happened. We saw commodity prices start to get weak and pullback. One thing that has kept me on my heels is that the inverse correlation with the market and the dollar is starting to fade away a little bit and we are going to have to see if this is a new change or just a little bleep. I do believe the dollar bounce is just a back test of previous support and that it should continue lower, MUCH LOWER. In this video I go over the weekly, monthly, and daily of some of the major indexes and ETFs that we follow.
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