Today's market ripped higher once again, handing the Bears another pie in the face.
The question going forward is, how high can they get the market before hitting it again, or is this a bottom and we're going to rally to new highs?
Today's market featured a very classic and ordinary pattern that played out for inside the numbers members. The market made a move, consolidated, then made a continuation move.
In tonight's video will discuss the move the other chart characteristics that existed and what the likely scenario is going forward.
Everything we need is found in this episode of common sense market analysis
The analysis found in these videos is appropriate for both beginning Traders and experienced Traders alike.
We look at only technical analysis using charts from various time frames using various vehicles. We use only the Candlestick charts and moving averages to determine our next best case scenario.
We provide common sense technical analysis on many different markets using charts from various time frames to give traders and investors the most comprehensive look at what today's market is doing.
Whether you're a beginner or advanced trader, each and every day there are lessons to be taken away from the in depth market analysis where we look at the market from a unique lens.
#bearmarketbounce #daytrade #technicalanalysis
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