These Charts Show Exactly Where the Market Will Pull Back
Happy Saturday to you! While you’re hopefully enjoying a nice, relaxing weekend, I wanted to take just a few minutes (10, to be precise) to bring you a market update.
The biggest headline of the week was certainly the attacks on Saudi Arabian oil production facilities. The brazen attack on a big player in perhaps the world’s most important industry has the markets incredibly concerned, but there’s reason to believe that this week’s attack will be less of a problem than originally thought.
As such, much of the market’s focus has been on earnings reports and technical analysis. In today’s market update video, I’ll show you how the market has now broken out of the box that it had traded in for several weeks and what levels of support and resistance to watch for going forward.
There’s a great chance that we’ll experience a grinding bull market which will experience some pullbacks along the way as we test the all-time highs once again. You’ll want to be aware of when the positive movements are likely to fall, and I’ll show you exactly when I believe that will be – and how the depth of those pullbacks will give us a good indicator of the health of the bull market.
Click below to watch this week’s market update.
Great trading and God bless you,
D.R. Barton, Jr.