Absolute Top

Indices are at an indecision

The main Indices are at a somewhat indecision with price declining to a support zone.

In this video we look at where the support zones are and bullish stocks should the Indices bounce from these zones.

Stocks mentioned in this video are:

  • AGN
  • GMCR
  • KO
  • KR
  • MO

Whatever price does at these levels will not affect trend traders near term. We are looking for a trend to continue or a new trend to emerge in order to enter the market again. If price stays within the consolidation zone then we can stand aside until the trends emerge once again, which they will at some point.

Good trend trading…

Javid Shaik 

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