Posted at 8:45 am EST.
Here are the key levels we are watching today.
DOW: 10,268.71
NASDAQ: 2,163.07
S&P500: 1,076.69
A move this week below the above levels turn our weekly "Trade Triangles" red indicating a strong down trend.
Tag: DOW chart
Is the NASDAQ repeating itself?
I just finished a short video in which I discovered an eerily similar pattern in the NASDAQ. If the pattern repeats then it certainly is going to be a rough third and fourth-quarter for most investors.
In this short three minute video I give you exact points and the formation that I've seen that could make a huge difference to most people's portfolios.
Please feel free to comment on our blog with your thoughts on this market.
As always our videos are free to watch and there are no registration requirements needed.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
How A Japanese Chart Formation Could DOOM the DOW
"It's déjà vu all over again," is one of Yogi Berra's famous original quotes and the same can be said for the DOW right now.
The weekly chart on the DOW is flashing the same Japanese candlestick signal that it had earlier in April of this year. Back then, the DOW dropped from 11,200 to 9,700 in the space of just 10 weeks!
If nothing else, watch this video as this could be one of the most important weeks for the DOW and its future. The video runs three minutes. You will find it both interesting and educational from both a Fibonacci and Japanese candlestick point of view.
Please feel free to comment on our blog with your thoughts on this market.
As always our videos are free to watch and there are no registration requirements needed.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
This trendline is crucial support for the S&P 500
This is going to be a short video, but one I believe is important to all traders and investors.
The video runs two minutes and 18 seconds and shows you one key element that I think can make or break the S&P 500 market.
Please feel free to comment on our blog with your thoughts on this market.
As always our videos are free to watch and there are no registration requirements needed.
All the best,
Adam Hewison
President of INO.com Co-founder of MarketClub.com
The battle continues
The battle between the Bulls and the Bears continues with negative news pushing the market lower and positive earnings pushing the market higher and helping the Bulls.
So who's going to win?
In this short video, I show you two items that are important in this market. I also point out where support is and why this is a crucial level to watch this coming week.
Our Trade Triangle technology is neutral on the SP500 but it could turn any day now and this is what I want to share with you today.
As always our videos are free to watch and there is no registration requirements.
Have a great weekend.
Adam Hewison
President of INO.com
Co-founder of MarketClub
