Hi, traders - another strong week on Wall Street. The video discusses the move this week and why you should always respect the trend until its broken. I also review the breadth indicators I follow and show how the bullish signal has returned for the overall market.
In part two, I go over some bullish setups that you should watch this week. There are a ton of strong stocks out there right now, but most are quite extended, so it's hard to find low-risk opportunities at this juncture. A few days of rest would likely set up many more bullish patterns.
Part three deals with stocks releasing earnings this week. Several of the charts I like right now (that are not extended) have their earnings in the next few days so I did not include them on part two. A lot of China names report this week and with good reports, who knows - maybe they run hard.
Hope you find the videos helpful and informative. As always, feel free to email me with questions or comments - I enjoy hearing from my readers. Have a great weekend and good luck next week.
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