Stock Market Videos: Rally Beginning, Enjoy The Profits

The market just broke to the upside, pushing through a key technical triangle. The fact that the market has held sideways all day long in this panic was another key indicator that the markets are going to run higher here late in the day. In addition, the markets put in a pivot low yesterday. While many amateurs were panicking, smart traders used the pull back, inside day to accumulate longs. These are paying off now as the market is trading at new highs of the day. Bank stocks are the weakest but surging back because of the catastrophic issues in Europe. Come take the seven day free trial of the Research Center and Intra Day Stock Chat to join and profit with the pros. Get the same information the hedge funds are getting and be on the right side of the market.

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[carla01010101]

@trader6679  ITMS ...the best ;)

[trader6679]

@physics2112 indeed, great analysis!

[ragedmaximus]

IPSU sugar stock never went down during market massacre only earnings killed it and actually closed up a penny today on a down dow 500 day. buy ipsu tomorrow

[peckalurk]

kind of fail

[physics2112]

Yep, very nice. It's important for viewers to note that the breakout pattern to the upside was identified around 13:30. By an hour later the market was dramatically higher. Again, very impressive. The diagonal yellow trend line also proved to be crucial. When it failed to hold around 15:00, that's when the market collapsed.

[jenpaulino1]

great work G!