Stock Market Video Analysis For Week Ending 10/12/12

Equities markets experienced more weakness over the past five days and while there are some important technical levels nearby which “should be” support, the buyers still have to prove themselves in the near term before upside can be trusted. The video below takes a look at key levels of support and resistance as well as potential scenarios for trading next week.

Did you know that Alphatrends subscribers have access to a chat room all day during market hours and that all questions get answered in there? The $399 annual subscription special will expire on October 25, don’t wait too long to join us! You can find MORE DETAILS HERE about the service.

How long can the bear hang in there?