Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 22nd of April.
After Last Week's Fall, The Markets Take A Breather
The DOW continues to remain positive, while the NASDAQ and the S&P 500 are in a neutral state at the moment. Our Trade Triangles have signaled that if you are an intermediate-term trader, you should be on the sidelines for both of these markets.
The DOW is another picture, where a clear line in the sand has been drawn. Should the DOW move below 14,434 this week, it will be a major exit signal to all intermediate-term traders to move to the sidelines. Continue reading "Today's Video Update: The Market Bounces Back, But Concerns Persist Over Global Growth"