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It's Brian Johnson again and here's a
video on the current state of the markets and what to look for as we push
forward. Both the DOW and the SPX appear to be in bear flags but they're not confirmed
until we break out of them to the downside.
Lots of overhead resistance at the
1085 mark but a strong move above that then I'd be looking at the 1095 then
1103-1105 levels. Be patient and be careful holding anything over the three day
weekend.
A look at FAS and different things to do homework on when trading this particular ETF.
How's your trading going lately? Are you making money? Brian Johnson is back with another video! In this one we'll look at something that may help you get back on the right track.
Brian Johnson from thestockmentor.com here with a video on logarithmic and arithmetic chart scaling. What are the differences between the two and do they really give us a different view in our charting?
