Stock Market Video Analysis for Week Ending 3/30/12
Today was the final day of the first quarter of 2012. It was a fantastic three months for equities in terms of percentage movement and it is unlikely that the market will be able to continue the blistering pace. Our job as traders is not to predict but to anticipate various scenarios, wait for price confirmation before we participate and then manage risk. The primary trend remains higher, it is innocent until proven guilty. The video takes a look at key technical levels in $SPY $QQQ $IWM $XLF $SMH Have a good weekend.