{"id":2025,"date":"2010-05-05T01:30:01","date_gmt":"2010-05-05T05:30:01","guid":{"rendered":"http:\/\/club.ino.com:80\/trading\/?p=2025"},"modified":"2010-05-18T10:36:44","modified_gmt":"2010-05-18T14:36:44","slug":"the-sp-500-went-south-and-we-cashed-in-our-chips","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2010\/05\/the-sp-500-went-south-and-we-cashed-in-our-chips\/","title":{"rendered":"The S&#038;P 500 went south and we cashed in our chips"},"content":{"rendered":"<p>The S&amp;P 500 went south and we cashed in our chips<\/p>\n<p><a href=\"http:\/\/broadcast.ino.com\/education\/sp50054\/ \" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"\/img\/sites\/ino\/email\/2877.jpg\" alt=\"Down  Chart\" width=\"212\" height=\"159\" \/><\/a>For 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.<\/p>\n<p>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.<\/p>\n<p><a href=\"http:\/\/broadcast.ino.com\/education\/sp50054\/ \" target=\"_self\">In  today's short video<\/a>, we're looking at the S&amp;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.<\/p>\n<p><a href=\"http:\/\/broadcast.ino.com\/education\/sp50054\/ \" target=\"_self\">As always you can watch our videos<\/a> without registration  and there are no fees involved.<\/p>\n<p>I hope you'll find the video  informative and leave your comment below.<\/p>\n<p>All the best,<\/p>\n<p><a href=\"http:\/\/club.ino.com\/trading\/about-adam-hewison\/\" target=\"_self\">Adam  Hewison<\/a><br \/>\nPresident, INO.com<br \/>\nCo-creator, MarketClub<\/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>The S&amp;P 500 went south and we cashed in our chips For 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 [&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":[310,2692,2691,2919,3185,3184,3158,3157,3255,619,3235,1122,3234],"class_list":["post-2025","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-dow","tag-dow-analysis","tag-dow-chart","tag-dow-video","tag-important-video","tag-index-update","tag-major-indices","tag-market-analysis","tag-market-indicies","tag-nasdaq","tag-nasdaq-video","tag-sp","tag-sp500-video"],"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>The S&amp;P 500 went south and we cashed in our chips  - 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\/2010\/05\/the-sp-500-went-south-and-we-cashed-in-our-chips\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The S&amp;P 500 went south and we cashed in our chips  - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"The S&amp;P 500 went south and we cashed in our chips For some time now we have been concerned about the lack of upside momentum and the divergences that have been building in many key oscillators. 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