Stock Market Technical Analysis Video for March 19, 2014 in HD

In this video I look back in on the potential bearish head and shoulders that may be forming on the major averages. Today’s action posed no problem for it and actually supported the pattern. It’s questionable though. Also I cover the target for such and the reasons why the market could go down hard once it goes down a little farther. And finally, I talk about the possibility of a triangle forming up here instead which could be either bearish or bullish. Not mentioned in the video is the potential that today’s decline could prove to be nothing more than a sharp pullback before heading higher again.

We need a support break, as I have been saying, below the lows of the 3rd and 14th of March.

Link to today’s article on the potential head and shoulders

Link to another article on bearish head and shoulders

Link to video on how to trade bearish head and shoulders

Thanks for watching!

Comments? Feel free to drop by and chat on the Disqus below this post.

View original:

Stock Market Technical Analysis Video for March 19, 2014 in HD

See which stocks are being affected by Social Media