Stock Market Video Analysis for 2/20/13

Every selloff of more than one percent this year has proven to be a buying opportunity as the key support levels we have monitored have held. Today we saw the most intense selling we have had in a while and some of those support levels are now in question. The video below takes a look at what I think the most likely scenario is for the next couple of days in $SPY $QQQ $IWM $XLF $SMH

2-20-2013 2-17-43 PM

If you like this article and want to learn more by getting access to premium content, click here »

Enjoyed this post?
Get the Free Swing Trading Guide, weekly market analysis, and occasional special blog posts.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>