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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 Technical Analysis Stock Market Review 9/6/07
Posted on 09/07/2007 05:56:30 | Link | Post Comment
The Nasdaq continues to be the stronger market while the SPY remains at a critical juncture. If the buyers can gain control in the SPY, there is the potential for a significant squeeze move higher however a failure here could make things ugly in a hurry. I continue to believe that this environment is best suited to short term trading.
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