Stock Market Video Analysis for Week Ending 2/8/13
The markets tested and held key levels of support and the market surged higher once again. Picking a top is a suckers game and panicking out of long positions while the uptrend remains intact is a frustrating experience. Learn to listen to the message of the market. The market has given us temporary reasons to increase our levels of caution, but the theme remains “innocent until proven guilty” while the pattern of higher highs and higher lows remains intact.
The video below takes a look at key levels and scenarios gooing forward in teh $SPY $QQQ $IWM $XLF $SMH