It's Brian Johnson here with another video on the current state of the markets. The markets have been absolutely wearing out the bears with this slow grind up but let's keep things in perspective. It's clear the markets are very overbought up here so a pullback/crash/whatever is imminent. In the last ten trading days we've moved a grand total of 35 points on the SPX with 14 of those points coming in one day. Don't be surprised on a pullback if we don't have at least one red bar that engulfs Molly Ringwald and her 16 candles. Be patient, wait for the more major lines of support to be broken, and until then stick to playing individual stocks. There is still quite a bit of opportunity there for profits.
