Stock Market Video Analysis for Week Ending 10/17/14

It was a wild week for stocks as follow through on the downside came with an orderly pattern of lower highs and lower lows below a declining 5 day moving average. Key levels of suport were tested and we ended the with a decent bounce but markets are badly damaged and will need to repair before they can be trusted for longer term commitments. Now more than ever traders need to embrace a strategy which emphasizes risk management.

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