Tag: Dollar Index

Find winning trades in today's 1PM Update

Posted on by The INO.com Team

Adam's UpdateGood afternoon and thanks for stopping by for the 1PM Afternoon Update.

During today's update, we'll be looking at how the major markets are faring today, Monday, June 13th, 2011, but also looking at what the Trade Triangles are telling us are big movers are for this week.

Quick update:

S&P (-60) looking at support around 1250
Silver (-70) oversold
Crude Oil (+65) with choppy action
Dollar Index (-85) bearish
CRB Index (+90) with resistance at 350

Every success,

Adam Hewison
President of INO.com
Co-founder of MarketClub

** Note: All of the MarketClub updates will now be available through INO TV. Though you do have to register for INO TV, it is completely FREE and best of all, it will let you find all of MarketClub's videos in one place. You only need to register one time and then you have access forever!

1PM Market Update for 5/24/11

Posted on by The INO.com Team

Hi, Adam Hewison here for MarketClub. Did you miss your 1 p.m. market update for Tuesday the 24th of May? Catch up now!

Here's what's happening right now in the major markets ...

S&P 500: -60. Only the longer-term monthly Trade Triangle remains intact at this time. Short-term market trend is down. Market at the lower end of the Donchian Channel. Neutral - Major Support at 1,295-1,300.Would not be surprised to see a possible bounce.

Silver: Score +55. Today's action favors more of a recovery on the upside. Spot market moved over 36.00. Bullish divergence on the Williams %R indicator confirmed. Near term support at 34.25. Major Support at $32.00. Major resistance at $39.50. Short-term rally potential up to 42.00.

Gold: Score +70. Longer term trend remains positive. The $1,520 was broken today and a close over this area indicates more upside action. Support at $1,500, $1,475 and $1,462.50. Market Trending higher.$1,533 is a 62% Fib retracement.

Crude Oil: +80 Trading range. Long term indicator remains positive. Resistance at 100.80 basis July. Choppy market. Bullish divergence confirmed on the Williams %R indicator.A close over $100 basis July is needed to drive prices higher.

The Dollar Index: Score +60. In a very broad trading range with the longer term Trade Triangle remaining in a negative position. Index reversed from resistance at the 76.50 level. Major resistance remains at 77.50. Minor support at 75.00. Possible "Dark Cloud Cover" forming today and a Negative divergence on the Williams%R indicator.

The Thomson Reuters/Jefferies CRB Commodity Index: Score +55. Near-term resistance at 344.00. Minor support at 335.00. Market oversold. Bullish divergence building on the Williams %R indicator. Trade Triangles are negative on this market.

Join me again tomorrow at 1:00p.m. ET for your LIVE and actionable update!

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

It's Thursday!

Posted on by The INO.com Team

As usual, we have a busy Thursday planned! Not only did you have a LIVE 1PM ET market update,  but Adam and Susan will be coming to you LIVE at 7PM  ET from the studios of MarketClub. This is the first episode of Marketclub TV since Adam's return, so you don't want to miss it!

Watch what you missed from the 1PM ET Update for 5/19/11:

S&P500: -55. As we mention on Monday and Tuesday the Market is very oversold. Long term uptrend remains intact. Market at the lower end of the Donchian Channel. Neutral - Resistance at 1370

Silver: Score -55. possible bullish divergence on the Williams %R indicator.Major resistance at $39.50.Support at $32.00.

Gold: Score +65. Longer term trend remains positive. Support at $1.475 and$1,462.50. Resistance at $1,526.Trading Range

Crude Oil: +70 Trading range. Long term indicator remains positive. Resistance at 100.80 basis June.Choppy market. Possible bullish divergence on the Williams %R indicator.

The Dollar Index: Score +55. In a trading range with the longer term outlook remaining negative.Possible negative divergence. Look for a pullback?? Minor resistance at 76.00 and major resistance remains at 77.50. Minor support at 74.00

The Thomson Reuters/Jefferies CRB Commodity Index: Score -55. Near-term resistance at 348.50. Support at 333.50.Market very oversold on hedge fund liquidation.Bullish divergence on the Williams %R indicator.

Watch tonight's LIVE episode of MarketClub TV at 7PM ET tonight to see how you can win a FREE one year membership to MarketClub!

See you there,
The MarketClub Team

I'M BACK!!!

Posted on by The INO.com Team

Hello, Adam Hewison here for MarketClub. A lot has happened since I've been gone, but it's time to focus on what's happening right now! Here is a preview of what's ahead for your 1PM market update for Monday the 16th of May.

SP500 +65 and moving sideways. Up trend still intact. Market at the lower end of the Donchian Channel. Target remains at 1,4000.

Silver possible bullish divergence on the Williams %R indicator.Major resistance at $39.50.

Gold longer term trend still positive. Support at $1,462.50. Resistance at $1,526.

Crude Oil neutral with a + 65 reading. Long term indicator remains positive. Possible bullish divergence on the Williams %R indicator.

The Dollar Index is trapped in a trading range with the longer term outlook remaining negative. Major resistance at 77.50.

The Thomson Reuters/Jefferies CRB Commodity Index, is negative with a 60% reading. Near-term resistance at 348.50. Support at 333.50.

Join me at 1PM ET for your LIVE market update!

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

Afternoon Market Update (4/13/11-Video)

Posted on by The INO.com Team

In today's afternoon market update, you'll find out how the dollar is faring this week as well as the market causing a lot of us to feel the pinch at the pump, the oil market. I also check in on the S&P, the Reuters/Jefferies, precious metals and what I think the markets will do after the President makes his speech this afternoon.

Every success,
Adam

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