VIDEO: We Need More Accumulation

In the following video, I discuss the signs I need to see to feel more comfortable about this market. Specifically, I would like to see more accumulation, the NASDAQ Composite back above its 50-Day moving average, and more stocks setting up. Right now, it’s best to be patient until we get a clearer picture. Thanks for watching and good luck trading! (Please expand the video to see the charts better).

Follow me on Twitter @jfahmy
Follow me on StockTwits @jfahmy

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

Tickers: , , , , , , , , , , ,

Joe Fahmy Blog