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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