A Quick Peek at Crude Oil

The crude oil market came under pressure on Monday and I'm disappointed that I did not have this video out to you earlier. I created the video on Sunday along with the other three videos on the S&P 500, gold, and the euro that did make it to the blog.

Nonetheless, I think you will find this video useful as it outlines our position in this market. The video is short and to the point, nonetheless I think you'll have a lot of good takeaway information.

As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you with regards to your thoughts on this video.

Your comments are welcome on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

Why Today's Market Action is Important

No question about it, today's market action caught many people by surprise, but it's important to understand what happened and why it happened from a technical standpoint.

As many of you who have been following my videos already know, MarketClub's “Trade Triangle” technology has been neutral on the indexes since January 20. We have also been bearish on gold since the 22nd of January. So what is happening to the markets?

The recovery in the indexes from March of '09 was basically just that, a recovery. Our Fibonacci retracement indicator was spot-on and points to a potentially more negative down move in the future. All of the indices managed to recover back over 50% of the gains before this recent downturn.

Today, I want to share some significant levels to look for during the balance of February. If these levels are broken and taken out, it would indicate a much more serious problem for the equity markets.

Here are the levels on the indices: S&P 500 key level to watch 1,029.38, NASDAQ key level to watch 2,024.27, and Dow Jones at 9,678.95.

In the case of spot gold, the key level to watch this month is 1,044.20. If the gold market goes below that level, it will signify further retrenchment for this precious metal.

Make no mistake about it, today's action is not positive for the equity markets. However, providing the levels we mentioned above hold, then you could say we're in a broad trading range and we expect the lows to be tested. I, for one, am cynical that this is going to happen.

You may also want to take a look at my recent gold and crude oil videos. Cyclically these markets are right on target and acting the way we expected them to act.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

A Fresh Look at Crude Oil in 2010

Hi, this is Adam Hewison. I am just getting back into the swing of things and decided to take a look at the crude oil market.

It's the first time I've looked at this market this year and one thing jumped out at me right away and I wanted to share it with you.

It appears as though crude oil has an amazing cyclic quality that can be timed quite accurately with MarketClub's "Triangle" technology. In this new short video, I showcase this cycle and how you can take advantage of it.

As always our videos are free to watch and there are no registration requirements. All we ask for is that you comment on this video if you find it interesting and informative.

Enjoy the video and let us know what you think.

Adam Hewison
President, INO.com
Co-creator, MarketClub

Crude Oil: Lower Levels Ahead?

The crude oil market continues to soften and is now close to some important levels that I think we should look at. In my new video we look at what is happening in this market right now and what we expect to happen in the future.

As we have indicated in our earlier posts, we are now in the official “silly season” for trading. What I mean by that is the markets will be very thin, choppy and can be moved by a relatively small amount of money.

As always our videos are free to watch and there is no need to register.

Enjoy the video and let us know what you think on our blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

Let’s Take a Fresh Look at Crude Oil

Today we are looking at a January crude oil contract, but this can be any of the other contract months.

We've looked at this market before and were expecting it to go higher. It did not, however, fulfill that promise and with a red weekly “triangle” in place, it appears as though this market is heading down, but is it?

Continue reading "Let’s Take a Fresh Look at Crude Oil"