Wednesday, June 15, 2011

Are technicals pointing to a stock market crash video

Are technicals pointing to a stock market crash video

You can find many of these types of videos on youtube.  Depending on your interest and how much money you have in the stock market you might want to watch this video.  I know for me watching the different opinions of technical analysts back in 2007 made the difference of me selling and avoiding the crash.

Of course, you still have to make the decision regardless of what you hear and read.  That will be your own responsibility since many technical analysts can have different interpretations of what the charts mean.

You can even make your own charts or just read the ones ready made on stockcharts like the one below.  This chart says there is a “traditional 3 box reversal pattern” with a “double bottom breakdown on May 5, 2011″and the bearish price objective is 1160 for the S&P 500.

$SPX (P&F)



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