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Alpha TrendsAlpha Trends is dedicated to unbiased technical analysis of momentum stocks or stocks that look poised for a large move in either direction. It is updated by Brian Shannon with video and written technical analysis of the equities markets and individual stocks. |
Video Stock Market Technical Analysis Review 9/18/07
Posted on 09/19/2007 01:41:44 | Link | Post Comment
If you have been short this market over the last 6 weeks you either had to be very short term oriented or you probably hate Ben Bernanke right now. If you have been long it is time to celebrate but be sure not to give your profits back. We now have to look at this market as being controlled by the buyers once again and the 150.00 level in the SPY and 49.40 in the Qs willl be important support going forward.
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Examples
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