How bearish are the charts?

Today’s market was sold right out of the gate. What’s important is the closing prices of the week, how they finished the day and what’s taking place on the charts… In this weekend update we’ll take a look around the horn at a variety of different markets and charts to gain the best assessment of where the S&P and other markets are headed in the short term. We’ll discuss all the details including a variety of charts and markets. 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.