Today’s market was way more than just a bounce in a downtrend.  The S&P closed above some important numbers that speak to another leg higher.

In tonight’s episode of common sense market analysis, we’ll take a look at some of the particulars, what the charts are saying and how high we think markets can go before the next turning point...

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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