Breakout - How high will they get?

Today’s market was much like yesterday, with a boost… It’s quiet, the volume is light and the path of least resistance is sideways to higher. As you’ll find out in tonight’s video, it’s a duck market. We’ve been discussing the decreasing participation as the later part of December and the Holiday’s approach. Traders need volatility to trade. When markets are barely moving, it takes much of the opportunity away from an intraday perspective. However, there are plenty of charts to see, and a world of opportunity to analyze. The analysis found in these videos is appropriate for both beginning Traders and experienced Traders alike. We look at only technical analysis using charts from various time frames using various vehicles. We use only the Candlestick charts and moving averages to determine our next best case scenario.