This Reliable Formation In The S&P 500 Could Make You Money

Posted on by The INO.com Team

I have just finished a short video on the S&P 500 that I believe is worth watching. In this video I detail out a particular chart formation that has proven to be very reliable in the past. If I'm right, we could see a further move and run in the S&P500 to the upside.

The video is free to watch and there are no registration requirements.

All we ask is that you comment on our blog about this and other videos that we have made.

All the best,
Adam Hewison
President of INO.com and co-founder of MarketClub

7 thoughts on “This Reliable Formation In The S&P 500 Could Make You Money”

  1. Yeah, but what about the jobs announcement coming this Friday? What do jobs have to do with the bulls and the bears at THIS point?

    Thanks,

    Bob

    1. Bob,

      I think you answered your own question what do jobs have to do with the bulls and the bears at this point. The reality is the market is anticipating something that perhaps is not clear or perhaps the market has just divorced itself from reality.

      At the moment the trend is clearly in favor of the Bulls.

      Sometimes it's an advantage not to look at all these reports because the market, is the market, is the market.

      All the best,
      Adam

  2. I am a student of technical analysis, but see so much divergence from fundamentals that I can't fathom buying this market. I'm decidedly bearish on several stocks right now. Looking to short on any more large jumps higher. Long gold and silver.

    1. Spencer,

      it is okay to be bearish on certain stocks as they deserve to be shorted. However, the overall trend for the indices is on the upside. Stick with technical analysis as it helps much more in my opinion than basic fundamental analysis which lacks timing. The market will tell you everything you need to know about the fundamentals based on its price action.

      Glad to see you doing well in gold and silver.

      All the best,
      Adam

  3. Thanks Adam! We've already made that H&S measured move on the Q's and it has been leading the S&P. So if the Q's get rejected at the April highs, the S&P may not make it's measured move. Cheers!

  4. ref; short video on the s&p 500.
    hi alan,thank you for your easy to understand explaination of where you think the s&p 500 is heading.earnings season may well derail the advance to 1200 and over but this market is bullish. there is no major rally in my opiunion until the banks digest the regulations thrust upon them and the tame the foreclosures problem but thanks for your expertise

    1. John,

      Thank you for your feedback. It's interesting to see how the markets are going. With all the information we have coming out on the markets it sometimes feels like information overload to many traders. That's why I like to keep things very simple using MarketClub's trade triangle approach.

      All the best,
      Adam

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