Stock Market Video Analysis for Week Ending 3/7/14
It was another great week for the bulls. The market continues to make life difficult for short sellers who have been stubbornly fighting the trend. Markets are in solid uptrends and that will change at some point and then it will make sense to sell short but now is clearly not that time. Going into next week, the market is extended and “seems like” it should pause but until support levels are broken the benefit of doubt still goes to the buyers.