Today's emergency market update comes to you in video form as our live coverage of the emergency evacuation of equities in the SPX continues here
If you have followed all of our other videos where we were telling you to be cautious around the "b-resistance," this is why. The instant people stop buying the market will drop hard like a rock. SPX targets to watch from here are 2011, 1970, and 1940 before a potential retrace back up to test the 2080 before we look for our next move there.
We have been calling these targets for you guys and I hope they help out, and these videos should help shed some light on the psychology of trading from a trader's point of view.
If you'd like more detailed explanations or help with your on charts of your trades, the chat link at the bottom of the video is where we are located, or just subscribe for more updates from your /r/stockmarket team. We do this for you guys, free of charge, and we're glad to do it!
Have a great evening, and as always, thanks for watching!
Submitted April 07, 2016 at 06:56PM by trader_matt http://ift.tt/23mQCpZ
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