Swing Trading Weekly Review - February 11th.
2,122 views · Published 11 February 2018 · 3:51 · Indexed 30 October 2026
Channel: Meir Barak - Day Trading · 2018 · Education
Hi traders, the S&P 500 lost 5.1% last week, down nearly 10% from its peak. Will the declines continue? There is no fundamental justification for this: the interest rate is not too high, the new tax law will continue to provide a tailwind for companies, and there is no sign of a slowdown. There is no similarity between now and what happened in 2008. This is a technical pullback that most likely lead to new highs, but it is not yet time to announce a bottom. At this point we should start looking for strong stocks that may lead to the next gains. --------------------------------------------------------------------------------------------------------- Subscribe for NEW You Tube trading lesson here: https://youtube.com/user/TradenetGlobalUK?sub_confirmation=1 --------------------------------------------------------------------------------------------------------- Helpful links: Join my trading group: Get education & a Funded Account: http://www.tradenet.com/join-funded-accounts/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch my FREE live You Tube streaming Trading Room: https://www.youtube.com/c/TradenetGlobalUK/live Join a FREE 14 day trial in my live Trading Room: https://www.tradenet.com/14-day-free-trial/?affiliate_id=35955&affiliate_org=2&web_page=&placement=&campaign_id=7010O000000fKjw Watch all my lessons here: https://www.youtube.com/playlist?list=PLb9tmPwCEfFjZWiIEYa4BfF4BZX0F0mWz View the FREE "Part one" of my trading book "The Market Whisperer" here: http://books.tradenet.com/ Buy my best selling book at Amazon: https://www.amazon.com/dp/1540353524 Open a Colmex account (Non-US residents): https://services.colmexpro.com/registration/start.aspx Watch all my day trading live videos at: http://www.youtube.com/user/TradenetGlobalUK/videos Contact Tradenet: [email protected] Contact Meir Barak: [email protected] Visit our website: www.tradenet.com Germany: www.tradenet.de
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