Will the rally stick this time?

Today’s market had a nice big “Rip Your Face off short squeeze rally. The main question is if it will stick or will we see another quick failure and retracement of the recent lows. There’s plenty of evidence this rally will stick, at least for another chunk of points, and we’ll discuss the details and destination in this episode. We’re still seeing tremendous price swings in both directions. The amount of points traveled in minutes is nothing short of staggering. 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.