{"id":10285,"date":"2011-11-10T15:34:09","date_gmt":"2011-11-10T19:34:09","guid":{"rendered":"http:\/\/club.ino.com\/trading\/?p=10285"},"modified":"2011-11-10T15:34:09","modified_gmt":"2011-11-10T19:34:09","slug":"dont-underestimate-yesterdays-market-action","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/","title":{"rendered":"Don't Underestimate Yesterday's Market Action"},"content":{"rendered":"<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/11\/Adam-7.jpg\" alt=\"\" width=\"171\" height=\"146\" \/><\/a>Hello traders everywhere! Adam Hewison here, co-founder of MarketClub  with your mid-day market update for Thursday, the 10th of November.<br \/>\n-------------<br \/>\n<a href=\"http:\/\/www.marketclubcoaching.com\/now\/?1110\" target=\"_blank\"><span style=\"color: #3366ff;\"><strong>IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? <\/strong><\/span><\/a><br \/>\nFree consultation. <span style=\"color: #3366ff;\"><strong>877\u2013219\u20131482 <\/strong><\/span><br \/>\n-------------<br \/>\nDon't Underestimate Yesterday's Market Action<\/p>\n<p>Yesterday's action in the equity markets is a grim reminder of just how  fragile the economic and financial system is globally. We would not  dismiss the market action as just another pullback in the market.<\/p>\n<p>The sharp down move should not be ignored, in my opinion. We are looking  at a key support level on the S&amp;P 500 at $1220. A close below that level  will accelerate the decline to the next key level of support, which is  $1180. That move may have to wait until Friday as traders jockey for  positions today.<\/p>\n<p>For the year, the S&amp;P at the moment is down, the NASDAQ is flat, and the  DOW is barely higher with gain of 3%.<\/p>\n<p>The copper market gave a pretty strong negative signal yesterday, as it  moved below the $3.50 level. The copper market is telling us that demand  is just not there for this industrial metal. <!--more--><\/p>\n<p>For some time now, we have been discussing the trials and tribulations  of Europe and all the drama that has become a Greek tragedy. The fact  that they have a new prime minister in Greece does not change one thing,  in my opinion. Italy is now the star of the show, and we are not  convinced that Prime Minister Berlusconi is going to step down off his  pedestal anytime soon.<\/p>\n<p>Politicians still have a \"quick fix\" mentality and are counting on that  to solve this mega financial mess. The reality is, there is no quick  fix. It is going to take years for this mess to be cleaned up, and in  all likelihood it will get ugly.<\/p>\n<p>The best thing a trader can do at the present time is to watch the  market action, as it will tell you exactly what to do. We believe the  rest of this week is going to be a very important one, particularly  where we close tomorrow. If we have a negative close on Friday below  $1220 on the S&amp;P 500, we would then expect to see this index move lower  for the balance of November.<\/p>\n<p>Now, let's go to the charts and the video and see how we can create and  maintain your wealth in 2011.<\/p>\n<p>-------------<br \/>\nS&amp;P 500 INDEX<br \/>\n-------------<br \/>\nOUR VIEW: $1250 resistance - $1226 support<\/p>\n<p>The massive move down in this index yesterday cannot be ignored by this  observer. We still believe that the $1220 level holds the key for the  S&amp;P 500. With a Chart Analysis Score moving between -65 and -75, we may  just be on the brink of an emerging downtrend. That still needs to be  confirmed basis our weekly Trade Triangle indicator. Intermediate  traders should be on the sidelines waiting for a new Trade Triangle  short signal. Long-term traders should either be in cash or continue to  hold short positions in this index.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's S&amp;P 500 Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Negative<br \/>\nWeekly Trade Triangles for Intermediate Term Trends = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Negative<br \/>\nCombined Strength of Trend Score = -65<br \/>\n-------------<br \/>\nSuggested S&amp;P 500 Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long SPY) (Short SH)<br \/>\n2 x Leveraged ETF's: (Long SSO)(Short SDS)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\n<a href=\"http:\/\/www.marketclubcoaching.com\/now\/?1110\" target=\"_blank\"><span style=\"color: #3366ff;\"><strong>IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? <\/strong><\/span><\/a><br \/>\nFree consultation. <strong><span style=\"color: #3366ff;\">877\u2013219\u20131482<\/span><\/strong><br \/>\n-------------<br \/>\nSILVER (SPOT)<br \/>\n-------------<br \/>\nOUR VIEW: Trading Range<\/p>\n<p>The spot silver market slipped to its lowest levels in eight days before  recovering. This market remains in a broad trading range bound by $33.50  an ounce on the downside and $35.50 an ounce on the upside. With our  Chart Analysis Score reading -55, we seen no clear-cut trend at the  moment for this metal. Generally speaking, the major trend for silver  continues to be negative based on our monthly Trade Triangle and the  intermediate weekly Trade Triangle remains in conflict. Long-term  traders should continue to hold short positions in silver with  appropriate stops.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's Silver Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Negative<br \/>\nWeekly Trade Triangles for Intermediate Term Trend = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Negative<br \/>\nCombined Strength of Trend Score = -55<br \/>\n-------------<br \/>\nSuggested SILVER Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long SLV) (Short the ETF SLV)<br \/>\nLeveraged ETF's: (Long AGQ) (Short ZSL)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\n<a href=\"http:\/\/www.marketclubcoaching.com\/now\/?1110\" target=\"_blank\"><span style=\"color: #3366ff;\"><strong>IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? <\/strong><\/span><\/a><br \/>\nFree consultation. <strong><span style=\"color: #3366ff;\">877\u2013219\u20131482<\/span><\/strong><br \/>\n-------------<br \/>\nGOLD (SPOT)<br \/>\n-------------<br \/>\nOUR VIEW: Looking for a cyclic low in gold tomorrow.<\/p>\n<p>Today's move in the gold market push gold to its lowest levels in five  days before recovering. We expect gold to begin to consolidate around  the $1,750 area, give or take $10 - $15 either way. Our Chart Analysis  Score remains intact, with a positive +75 reading indicating that this  market is in strong hands. With gold moving higher it indicates to us to  be very concerned about what is happening in Europe and the financial  markets. Long-term, intermediate term and short-term trends remain  positive for this precious metal. Intermediate and long-term traders  should maintain long positions with the appropriate money management  stops in place.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's Gold Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly trade triangles for Long-term trends = Positive<br \/>\nweekly trade triangles for intermediate term trends = Positive<br \/>\ndaily trade triangles for short-term trends = Negative<br \/>\nCombined Strength of Trend Score = +75<br \/>\n-------------<br \/>\nSuggested GOLD Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long GLD) (Short the ETF GLD)<br \/>\nLeveraged ETF's:(Long UGL) (Short GLL)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\nCOPPER (DECEMBER)<br \/>\n-------------<br \/>\nOUR VIEW: Fibonacci support at $3.30<\/p>\n<p>The pullback today in the copper market came very close to achieving a  61.8% Fibonacci retracement level at $3.30. Only our weekly Trade  Triangle remains positve and we expect that this indicator will turn  negative again. Copper generally reflects economic conditions, and as  such is influenced by equity prices. With a Chart Analysis Score of -65,  this metal is beginning a downward trend that will be confirmed when our  weekly Trade Triangle turns red. Generally speaking, the major trend for  this metal continue to be negative while the intermediate trend is in  conflict. Long-term traders should continue to hold short positions in  copper with appropriate stops.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's Copper Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Negative<br \/>\nWeekly Trade Triangles for Intermediate Term Trends = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Negative<br \/>\nCombined Strength of Trend Score = -65<br \/>\n-------------<br \/>\nSuggested Copper Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long JJC)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\nCRUDE OIL (DECEMBER)<br \/>\n-------------<br \/>\nOUR VIEW: Mixed signals on this one<\/p>\n<p>We suspect that the crude oil market, basis the December contract, will  have problems between the $97 a barrel to $100 a barrel level. With a  Chart Analysis Score of +70, this market may be trying to move out of  its broad trading range and reach the $100 mark. The $100 level  represents a 61.8% retracement of the entire down move starting from the  highs seen earlier this year in April. Intermediate term traders should  be on the sidelines. Long-term traders should continue to be short the  crude oil market.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's Crude Oil Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Negative<br \/>\nWeekly Trade Triangles for Intermediate Term Trends = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Positive<br \/>\nCombined Strength of Trend Score = +70<br \/>\n-------------<br \/>\nSuggested Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long USO) (Short the ETF USO)<br \/>\nLeveraged ETF's: (Long UCO) (Short DTO)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\n<a href=\"http:\/\/www.marketclubcoaching.com\/now\/?1110\" target=\"_blank\"><span style=\"color: #3366ff;\"><strong>IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? <\/strong><\/span><\/a><br \/>\nFree consultation. <strong><span style=\"color: #3366ff;\">877\u2013219\u20131482<\/span><\/strong><br \/>\n-------------<br \/>\nDOLLAR INDEX<br \/>\n-------------<br \/>\nOUR VIEW: Going higher<\/p>\n<p>We believe today's action in the dollar index pushes this market higher.  With the index moving over near term resistance at $78.00 today, we  expect to see further upside action. We are now looking for a test of  the $79.50 - $80.00 levels. Our longer-term monthly Trade Triangle  remains in a positive mode and our intermediate term weekly Trade  Triangle turned positive yesterday. Long-Term and intermediate term  traders should maintain long positions with the appropriate stops in place.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's Dollar Index Video Here.<\/a><br \/>\n-------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Positive<br \/>\nWeekly Trade Triangles for Intermediate Term Trends = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Positive<br \/>\nCombined Strength of Trend Score = +90<br \/>\n-------------<br \/>\nSuggested DOLLAR INDEX Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long UUP) (Short UDN)<br \/>\nLeveraged ETF's: (Long) (Short)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>-------------<br \/>\nREUTERS\/JEFFERIES CRB COMMODITY INDEX<br \/>\n-------------<br \/>\nOUR VIEW: Trading Range +55<\/p>\n<p>As we blogged yesterday, this index may be close to a reversal and  running out of steam. Like many of the other markets we are tracking  right now, the CRB index is in a trading range with a Chart Analysis  Score of +55. Resistance is evident at the $325 level and support comes  in around the $315 area. Look for these levels to contain the market for  the balance of the week. Our longer-term Trade Triangle remains negative  for this index. Intermediate term traders should be on the sidelines.  Long-Term traders should maintain short positions with the appropriate  money management stops in place.<\/p>\n<p><a href=\"http:\/\/tv.ino.com\/free\/video.html?vidid=livestream-pla_72d22378-eb9d-4060-a75d-16c9398ffe73&amp;mkt=blog1pm1110\" target=\"_blank\">See today's REUTERS\/JEFFERIES CRB COMMODITY INDEX Video Here.<\/a><br \/>\n---------------<br \/>\nMonthly Trade Triangles for Long-Term Trends = Negative<br \/>\nWeekly Trade Triangles for Intermediate Term Trends = Positive<br \/>\nDaily Trade Triangles for Short-Term Trends = Negative<br \/>\nCombined Strength of Trend Score = +55<br \/>\n---------------<br \/>\nSuggested REUTERS\/JEFFERIES CRB COMMODITY INDEX Trading Instruments:<br \/>\nNon Leveraged ETF's: (Long CRBQ) (Short the ETF CRBQ)<br \/>\nLeveraged ETF's: (Long) (Short CMD)<br \/>\nFutures: Contracts are available to trade this market. Contact your broker<br \/>\nOptions: Options Contracts are available to trade this market.Contact  your broker<br \/>\nWARNING: Liquidity in some ETFs is very thin. Contact your broker for  more information.<\/p>\n<p>--------------<br \/>\n<a href=\"http:\/\/www.marketclubcoaching.com\/now\/?1110\" target=\"_blank\"><span style=\"color: #3366ff;\"><strong>IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU?<\/strong><\/span><\/a><br \/>\nFree consultation. <strong><span style=\"color: #3366ff;\">877\u2013219\u20131482<\/span><\/strong><br \/>\n--------------<br \/>\nHOW TO USE THE MARKETCLUB SCORING SYSTEM:<br \/>\nChart Analysis Score: 50 - 65 Trading Range<br \/>\nChart Analysis Score: 70 - 80 Emerging Trend<br \/>\nChart Analysis Score: 85 - 100 Strong Trend<br \/>\n--------------<br \/>\nThis is Adam Hewison for MarketClub and I'll see you tomorrow, right  here with my mid-day update. Have a great trading day.<\/p>\n<p>All the best,<br \/>\n<a href=\"http:\/\/club.ino.com\/trading\/about-adam-hewison\/\" target=\"_blank\">Adam Hewison<\/a><br \/>\nPresident INO.com and co-founder of MarketClub.com<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 10th of November. ------------- IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? Free consultation. 877\u2013219\u20131482 ------------- Don't Underestimate Yesterday's Market Action Yesterday's action in the equity markets is a grim reminder of just how fragile the economic and financial [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[4071,2082,3917,28,1961,1067,3839,3831,147,23,4072,307,2074,4053],"class_list":["post-10285","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-8-95-trial","tag-copper","tag-crb","tag-crude-oil","tag-debt","tag-dollar","tag-donchian-channel","tag-dx","tag-fibonacci-resistance","tag-gold","tag-hp-tablet","tag-precious-metals","tag-sp500","tag-williamr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Don&#039;t Underestimate Yesterday&#039;s Market Action  - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Don&#039;t Underestimate Yesterday&#039;s Market Action  - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 10th of November. ------------- IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? Free consultation. 877\u2013219\u20131482 ------------- Don&#039;t Underestimate Yesterday&#039;s Market Action Yesterday&#039;s action in the equity markets is a grim reminder of just how fragile the economic and financial [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-11-10T19:34:09+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Don't Underestimate Yesterday's Market Action\",\"datePublished\":\"2011-11-10T19:34:09+00:00\",\"dateModified\":\"2011-11-10T19:34:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\"},\"wordCount\":1856,\"commentCount\":6,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"8.95 Trial\",\"copper\",\"CRB\",\"Crude Oil\",\"debt\",\"dollar\",\"Donchian Channel\",\"DX\",\"fibonacci resistance\",\"Gold\",\"HP tablet\",\"precious metals\",\"SP500\",\"William%R\"],\"articleSection\":[\"Trading Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/\",\"name\":\"Don't Underestimate Yesterday's Market Action - 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Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 10th of November. ------------- IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU? Free consultation. 877\u2013219\u20131482 ------------- Don't Underestimate Yesterday's Market Action Yesterday's action in the equity markets is a grim reminder of just how fragile the economic and financial [&hellip;]","og_url":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/","og_site_name":"INO.com Trader&#039;s Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2011-11-10T19:34:09+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/#article","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Don't Underestimate Yesterday's Market Action","datePublished":"2011-11-10T19:34:09+00:00","dateModified":"2011-11-10T19:34:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/"},"wordCount":1856,"commentCount":6,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["8.95 Trial","copper","CRB","Crude Oil","debt","dollar","Donchian Channel","DX","fibonacci resistance","Gold","HP tablet","precious metals","SP500","William%R"],"articleSection":["Trading Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/","url":"https:\/\/www.ino.com\/blog\/2011\/11\/dont-underestimate-yesterdays-market-action\/","name":"Don't Underestimate Yesterday's Market Action - 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