07

Aug

Video ~ 8/7/08

By: Craig In: Daily Video Review, Trading Blog

StockTock.com discusses pretty much everything. We look at 23 different charts to get a broad overview of what is going on in the global economy and its effect on the US stock market. We touch on UUP, EEM, FXI, EWJ, DBC, USO, OIH, KOL, SLX, GLD, IEF, XLV, NASDAQ, KRE, VIX, SPY, XLF, GS, C, WB, POT, RIMM, and QQQQ. Don’t fight the trend. It’s a bear market rally until the charts tell us its not.

2 Responses to “Video ~ 8/7/08”

1. celtics2008 commented: August 7th, 2008 at 9:37 pm

   
   

   Craig,

   do you think the emin sp futures hit triple top of 1290 over the last 2 weeks. if so weakness below 1250, would you consider that a sell.

   Thanks

   [Reply]

2. Craig commented: August 8th, 2008 at 8:31 am

   
   

   A triple top is a possibility, and a violation of 1250 would end the trend of higher lows. If we break 1250, our bias would shift to the sell side.

   [Reply]

Leave a Reply