Today the market experienced a “d**d cat bounce” of sorts.

The bulls will need to see follow through, the bears have their eye on certain numbers that can open the flood gates to the downside…

In this episode of common sense market analysis video, we’ll take a look at intraday charts to get a sense from a technical perspective where the market stands on a short term basis.

We’ll also look at a variety of other markets such as the IWM, Transports and the financials to get more clues and evidence of where markets stand.

The analysis found in these videos is appropriate for both beginning Traders and experienced Traders alike.

We look at only technical analysis using charts from various time frames using various vehicles. We use only the Candlestick charts and moving averages to determine our next best case scenario.

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