Market Update: September 11, 2012
Market Update for September 11, 2012:
- What to look for next in S&P breakouts.
- And is crude oil ready to rally?
Click play to watch now!
Filed Under Candle Charts, Candlestick Chart Patterns, Candlestick Charts, Pivot Points, Trading
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6 Responses to “Market Update: September 11, 2012”
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I could not enlarge the chart so I was not able to follow along.
Thanks very mych for such type of market idea’s
[...] Market Update Sept 11th, 2012 (Candlecharts.com) [...]
The markets function on the balance between supply and demand. Today with high frequency trading (using computers) and heavy short selling, the balance between supply and demand has been altered. This affects the use of technical analysis (Dow theory and all associated indicators )and makes charting much less reliable. Do you consider the above when you analyse the markets and what corrective steps do you take ?
Thanks Steve,
Sam
Nicely analyzed, Steve. You kept things simple and accurate. Knowing the REASONS for why you think a market will get supported and for your target and risk parameters, makes it easy to be disciplined and take advantage of what the future holds. Thanks again!
fyi – great video, it just needs to be louder on your end. many thanks. very informative.