Accendo Traders Weekend Technical Analysis Wrap Up Trade Plan
Effective Trade Plans delivered daily from AccendoTraders.com. Here is our video technical analysis trade plan for Sunday, July 13th.
The market had a roller coaster type of week. The news surronding Freddie Mac and Fannie Mae weighed down the beaten Financial sector. Oil once again made the market go round and round reaching lows of 135 to new highs of 147. We had the rebirth of Merger Monday with the announcement of the Dow Chemical Deal and the confirmation that the InBev Anheuser Busch Deal looks to be completing. Finally, we had the kick of to the new earnings season with the reports from Alcoa and General Electric which were in line.
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