Video Market Recap Friday, April 8, 2016 - SPY NYA TLT AGG UUP GLD GDX USO UNG + Psychological Aspects Of Trading - The Rule Of 21

         Big news of the week was a possible Rising Wedge break on the chart of S&P 500 ETF SPY. I still say “possible” because Mr. Market has a way to make the life hard for pretty much every participant out there. Maybe the wedge is broken and we now collapse back down to February lows. Maybe the opposite will happen and we will punch through resistance and make all-time highs. Or maybe something completely different will happen and we will meander sideways for month on end. Read the rest of this post here