Tag: dow video

We pulled the trigger on the Dow

Posted on by The INO.com Team

We pulled the trigger on the Dow

We have been concerned for some time that the market was in a rotational phase and that some key levels were being tested on the upside. The action today, Tuesday, can only be viewed one way, and that is negative. We do not expect this market to make a miraculous recovery to new highs and would not be surprised if we have seen the highs for the year.

In today's short video on the Dow, we look at potential downside targets that this market may be headed for. One of the key things to remember in trading, and this applies to all markets, is perception. This is why technical analysis plays such an important part in detecting shifts in market perceptions. Our "Trade Triangles" have done extraordinarily well in this environment.

As always you can watch our videos without registration and there are no fees involved.

Enjoy the video and take a moment to comment on this post.

All the best,

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

The S&P 500 went south and we cashed in our chips

Posted on by The INO.com Team

The S&P 500 went south and we cashed in our chips

Down ChartFor some time now we have been concerned about the lack of upside momentum and the divergences that have been building in many key oscillators. We were also concerned that we'd reached a very important Fibonacci level which we pointed out in a recent video.

It never ceases to amaze me how these levels have worked both in the past and in the present. If you're serious about the markets, you must pay attention to these key levels as many professional traders do, and perhaps you will understand why.

In today's short video, we're looking at the S&P 500 and some of the downside targets we have scoped out using a very simple tool. We had a nice run on the upside based on our "Trade Triangle" technology and we are happy to cash in our chips and watch from the sidelines for the time being.

As always you can watch our videos without registration and there are no fees involved.

I hope you'll find the video informative and leave your comment below.

All the best,

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

Is the DOW getting ready to crater again?

Posted on by The INO.com Team

Down ChartThe DOW has had a remarkable recovery from the lows that were seen in March of '09. The question now is, are we headed higher, or is the move over for now?

In this new short video, I will show you some important aspects that I think will warrant your attention. The video is three minutes long and was created on the last day of trading in April.

While we are not saying that the market is going to crater, it's in everyone's best interest to be aware of this one key level that we point out in the video.

As always you can watch our videos without registration and there are no fees involved.

Enjoy the video and take a moment to comment on this post.

All the best,

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

Why Today's Market Action is Important

Posted on by The INO.com Team

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