Upside momentum slowed down this week but the primary uptrends are clearly still intact. From an intermediate term perspective, no importnat levels of support have been broken and short sales are still not prudent for the average stock. The video below takes a look at key levels for the major ETFs including $SPY $QQQ $IWM $XLF $SMH $TLT $GLD and some individual stocks too. Each day in Alphatrends we focus on stocks to buy now and intraday trading tips in the chat room.
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