What is necessary to complete a base in preparation for another move up? Find out on this video.
Last week I discussed where the market needed to start building a base for another move up.
This week’s video shows where we are in that process.
After a week of bearish activity with high volatility and increased selling activity, the broad market managed to hold above the uptrend line from March of 2020.
It appears to be threatening the support of that trendline.
Should the market move and close below that trendline it would provide additional evidence of a more severe price drop.
Also, I have added another series of stock signals to my main website, find out how to access them in this video.
stockmarket #swingtrading #stocks #markettiming