The Summer Rally Fizzled Out

TODAY’S STOCK MARKET VIDEO REVIEW – The Summer Rally Fizzled Out… (that was quick) >>> The market remains in a tight consolidation mode however there appears to be a head and shoulders pattern developing on the S&P and DOW. If the DOW moves above and closes above 8600 then the next leg of the rally will begin that will probably carry it to 9500. If the head and shoulder pattern continues to develop then a break through 8200 on the downside will mean the target for the DOW is 7600. I still expect one more leg of the rally to resume within the next 2 weeks.
WATCH TODAY’S VIDEO REVIEW:

[Content protected for Dailyreviews members only]

Trade With Confidence
:-)
----------------------------
DISCLAIMER: No personal tax or investing advice is implied or
stated in this information. The information presented is for
educational purposes only and should not be construed as personal
legal, tax or investment advice.

==========================
For Non-members only:

Not a member of Tradingology’s Daily Market Reviews yet?

Join to become a Member of Tradingology now… click here
==========================

This entry was posted in Daily Review. Bookmark the permalink.

Comments are closed.