Free Market Video May 18 2011

May 18, 2011 by  
Filed under Free Market Videos

May 18 – Another move up today and the formation shows a nice bull flag on most of the Indices. The volume wasn’t spectacular but the buying overall wasn’t too bad actually. This volume isn’t all that unexpected based on the formation and certainly isn’t indicative of a bearish move so you can’t let your bias get the better of you in here. Let the charts work themselves out and watch for the new support or resistance areas to break for your direction and trades.

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