Stock Market Trend Analysis 12/11/08
- alphatrends
- December 11th, 2008
There will be no video today. The setup I use to record with is on my main computer which I do not have access to because it is being cleaned from a virus which I received from an email attachment. Once again, I ask that if you email me PLEASE DO NOT SEND ANY ATTACHMENTS, I refuse to open them. I should have the recording issues worked out by tomorrow, meanwhile here are some charts.
A one sentence summary of today’s activity would go like this…. Short term support gave way and sellers returned in force below the declining 50 day moving averages.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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