The broad indexes spent most of the day between moving lower and the break even line. Then in the last hour of trading… almost on cue the buyers stepped in to push the markets into positive territory. Thus, the old adage that a picture is worth a thousand words… See the video below for my notes tonight as we review the charts to what took place and what it means heading towards tomorrow’s trading day.
Don’t forget tomorrow night we will do our first “Let’s Talk Money” seminar format. Each week we will take a technical, fundamental, structural and/or psychological look at the markets. The goal is to address what is taking place now and project looking forwards what strategy works best for managing our money. There will be time through the seminar for questions and feedback on managing money and positions currently. The goal is to capture the story of the markets as they unfold each week. See you tomorrow at 5:30 pm EST.