Accendo Traders Weekend Wrap Up Technical Analysis Trade Plan for Sunday, August 17th
Posted on August 18th, 2008 by admin
Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, August 17th.
The market paused last week to digest it’s 7% move off the July low. We also have the resistance of the 50 XMA for the DOW and we are just above that for the S&P 500. There is not a lot of schedule economic data for the week. We are also over the hump now with regards to earnings season. So, what will be our catalyst to move one way or the other?
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