Technical Analysis of Stock Market
In this technical analysis of the stock market video I focus on the Dow Jones Industrial Average (INDU) and the Russell 2000 ETF (IWM). But first I address the the concept that a lot of folks are calling this a new bull market just because the SPX has risen 20% off its lows.
Then we drill down and review the Elliott Wave picture for INDU and for IWM. There has been a little bit of frenzy recently with IWM.
Lastly I review Chevron (CVX) and Schlumberger (SLB). Both look interesting.
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