Lower lows and lower highs
[video_player type=”youtube” youtube_remove_logo=”Y” width=”560″ height=”315″ align=”center” margin_top=”0″ margin_bottom=”20″]aHR0cHM6Ly95b3V0dS5iZS84ZGd5MHRSR1YxWQ==[/video_player]
Lower lows and lower highs in the markets. Tonight we take note of significant and minor support and resistance levels you should keep an eye on. The Nasdaq has a head and shoulder pattern developing. Lastly, let’s take a look at the Russell 2000 which is made up of small cap stocks. The technicals are starting to break down and it’s time to be very careful long.