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Watch the Options And Stock Market Technical Chart Analysis For April 20, 2009 By Idan Koren video, Today My Friend Traders And I Looked At A Massive Selloff Which We Have Been Calling For Since We Hit 87.50 On The SP Or 876 On The SPX. The Rally In The Last Few Weeks Had No Consolidation And The Volume Dried Up Leading Into That Strong Resistance, Which Provided A Great Shorting Opportunity.
We Took Quite A Bit Of Profits Today As The Market Sold Off Too Quick And The Bulls Did Not Get A Chance To Have A Go At It Yet.
A Small Bounce Tomorrow Is Likely As We Ended On Strong Support Levels, Though If Broken, We Do Look At Other Potential Support Levels.
In This Video We Look At SPY, XLF, GS, RIFIN.X, My Email Is Idan.korenduke.edu For Those Who Want To Ask Questions.
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