Free Market Video Sept 29 2011

Sept 29 – Today’s candle shows that the two parties are still fighting over which direction to take the markets. We go up, we go down, we finish basically flat. Lather, rinse, repeat that movement and you have pretty much covered the past 2 months of trading.

Free Market Video Sept 27 2011

Sept 27 – Today we get a slow grind upwards followed by a quick and healthy jerk to the downside to end it all. It’s this type of price action that commonly leads people to think that a new move down is upon us but truth be told there wasn’t really anything to glean from the push at the end of the day. We still need quite a bit more confirmation to truly put this market into the bear camp for good.

Free Market Video Sept 22 2011

Sept 22- We did see a move back to the downside in the markets with a small pop to end the day. Seems there are still some lower levels that the bulls want to try and hold but overall I don’t think it will make much of a difference going forward.

Free Market Video Sept 15 2011

Sept 15 – The bulls are relentless in their attempt to take back some ground and scare off the bears. After today’s move so far so good! They just continue to break overhead areas of resistance and the NDX is leading the way. So far the week hasn’t been all that eventful so I’m still waiting for the other shoe to drop.

Free Market Video Sept 7 2011

Sept 7 – Just grinding our way upwards all day as the bulls try to reclaim lost ground. This hard climb can’t sustain itself so I’m watching closely for a pullback and/or drop in the next day or two.

Free Market Video Sept 1 2011

Sept 1 – September starts slowly as the markets prepare for the jobs numbers tomorrow. I’ve laid out some scenarios in the video as to what to expect in the event of a gap up or down after their release. Coming into Friday make sure you have stops in place and are managing any open positions carefully….that includes both long AND short positions!