Wednesday, October 2, 2013

Stock Market Analysis Video 10-2-13


Stock Market Analysis Video 10-2-13

This stock market analysis video covers weekly, daily, and hourly time frame analysis of the MACD indicator.  We also look at weekly stochastics at a bearish divergence pattern that is developing.  Hourly time frame indicators have not created the bullish divergence typical at bottoming formations, so we may be set for a move to lower lows for this corrections before it is possibly complete.

Also I review the price logic and important dates to watch for a potential trend change confirmation.  We look at the S&P 500 relative to its 50 day moving average for the typical program trading reversal and continuation pattern that often develops around the key moving averages.

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