Monday, August 29th, 2016

Where do we go now?

Market has been on a tear since the start of New Year 2010 and there is no stopping to it. Even a weak unemployment report on Friday failed to stop its bullish actions. Most of the indexes have been rallying since December when they broke out from a six week long consolidation pattern. $RUT has made some nice advances in the last 4 weeks and as long as it keeps making higher highs it bodes well for the overall market. $NDX also has done very well and is poised to hit 1900 soon. The market is getting overbought though, but with the bulls churning new money into it, it can remain overbought for a longtime.  So here is a quick video I did for you, take look and comment what you feel.

[FLOWPLAYER=http://indexoptionstrading.alliancemtg.com/wp-content/uploads/2009/11/ma011010.mp4,540,333]

These are the regular videos you will get if you join our premium membership. You will get expert Technical Analysis and state of the video content very seldom found on the Internet. There are many Technicians who are much better than I am but they don’t give it out all- the- way as I do. Market direction is  key to success in any type of investing or even day trading for that matter. So take a moment and join us today (offer valid for new subscribers only) Now is the perfect time. Don’t kick yourself later.

Related Sites

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

*