FINZ Futures EP.1: Are You Ready if S&P Hits 880?

James "Handsome James" Falvo debuts new show FINZ Futures. James gives a simple lesson on the obvious head & shoulders pattern on the S&P 500 daily chart how to strategize for the 880 level the market is approaching. Shoutout to Corey Rosenbloom at AfraidToTrade.com for his recent analysis on the same S&P 500 head and shoulders pattern and the lesson on where a "measured move" could take us if 880 is broken and we head lower. Don't over think the trade. The 880 level is apparent to everyone so simply trade the chart: if you're long be protective. If the market cannot break below 880, then think about going long with 880 level as your low-risk stop & support level.**Watch for Corey Rosenbloom's TraderChat Interview on FINZ.tv coming in July!****Disclaimer: No positions in stocks mentioned as of this video (7.03.09)****Charts courtesy of Worden.coms Chart Services (http://finz.tv/worden): TCnet and FreeStockCharts.com**

1. By: FINZ.tv
2. Categories How To
3. Views 8
4. Added :06-Jul-09
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