« Intraday Commentary ~ 6/27/08 00
Market Outlook ~ 6/27/08 »

27
Jun
Video ~ 6/27/08
By: Craig In: Daily Video Review

We discuss the continued selling in the markets today and what to be aware of heading into next week. The VIX remains relatively low indicating that a bottom has not been put in. However, a bounce is likely heading into the July 4 holiday. Oil prices remain the wild card as they continue to hold this market hostage.

YouTube Preview Image

4 Responses to “Video ~ 6/27/08”

  1. rockon1122 commented:
    June 27th, 2008 at 8:05 pm

    You can see more clear now that USO have MACD divergence on daily. It also put in a toping candle heading in to July 4.

    [Reply]

  2. rockon1122 commented:
    June 27th, 2008 at 10:53 pm

    We bottom on monday the last 2 times on a gap down not able to close it lower then 1275. Maybe same thing will happen this monday.

    [Reply]

  3. Aaron commented:
    June 29th, 2008 at 12:40 am

    Look at the daily NDX fib retracement Mar 17 - June 5!!! We’re right at the .50 retracement with a nice long legged doji on friday …..also lighter volume on the way down than in January on a weekly. We also filled the gap from April 17-18. I believe tech will lead us higher into the 4th of July and into the sell off prior to the election.

    [Reply]

  4. Craig commented:
    June 29th, 2008 at 10:07 pm

    Aaron, thanks for that. I’m with ya on the tech rally.

    [Reply]

Leave a Reply