{"id":37802,"date":"2016-03-09T11:37:58","date_gmt":"2016-03-09T16:37:58","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=37802"},"modified":"2016-03-09T13:15:35","modified_gmt":"2016-03-09T18:15:35","slug":"getting-ready-for-the-next-big-move","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/","title":{"rendered":"Getting Ready For The Next Big Move"},"content":{"rendered":"

Seven years ago the DOW was trading around 6000, today this index is over 17,000. So what is the next big move in this index? I suspect the next big move will be on the downside. <\/p>\n

Today, China announced that exports hit a 7-year low which indicates to this observer that economies around the world are slowing down.<\/p>\n

Technically in many of the major stocks we still have red monthly Trade Triangles indicating that the trend is still down longer-term. The same holds true for the major indices where we are still seeing monthly red Trade Triangles. <\/p>\n

\"\"<\/a><\/p>\n

At the end of last week, I indicated that I expected this week to be choppy and range bound, as the major indices have all reached major Fibonacci resistance points. I expect the indices to turn back down after a week or two. I still hold to that belief and want to watch these markets very carefully looking for an entry point to go short.<\/p>\n

Stocks<\/h2>\n

Here are some of the well-known stocks that I am looking at to go short: Alphabet (NASDAQ:GOOG)<\/a>, Apple (NASDAQ:AAPL)<\/a>, TESLA (NASDAQ:TSLA)<\/a>, Amazon (NASDAQ:AMZN)<\/a>, Netflix (NASDAQ:NFLX)<\/a>, Under Armour (NYSE:UA)<\/a>, and Yahoo (NASDAQ:YHOO)<\/a>. There are additional stocks I will be looking at, but the stocks listed above all have red monthly Trade Triangles. The Trade Triangles are indicating a sidelines position in these stocks, waiting for a weekly red Trade Triangle to kick in.<\/p>\n

Gold<\/h2>\n

Today gold flashed a red daily Trade Triangle indicating a move to the sidelines. This trade produced a $31 profit. The Trade Triangles signaled in at $1,223.99 and out at $1,254.67 (See chart for confirmation). I am going to remain on the sidelines and wait for a green daily Trade Triangle to give us a buy signal. I am also going to be watching for support to come in around the 50 line on the RSI indicator.<\/p>\n

Crude Oil<\/h2>\n

The Trade Triangles are long crude oil and I believe we have seen a bottom for the time being in this market. I would not be surprised to see a pullback to the $34 area as this market consolidates its recent gains. I am expecting this market to trade up to the $39-$40 level in the not too distant future. For the moment, hold onto long positions with tight money management stops.<\/p>\n

Stay focused and positive and have a successful trading day,<\/p>\n

Adam Hewison<\/a>
\nPresident, INO.com
\nCo-Creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

Seven years ago the DOW was trading around 6000, today this index is over 17,000. So what is the next big move in this index? I suspect the next big move will be on the downside. Today, China announced that exports hit a 7-year low which indicates to this observer that economies around the world […]<\/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":[8136,6000,5538,8305,6249,5519,6320,5451,6319,6138,6846,6068],"class_list":["post-37802","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-alphabet-inc-nasdaqgoog","tag-amazon-nasdaqamzn","tag-apple-nasdaqaapl","tag-crude-oil-nymexcl-j16-e","tag-dow-indexdji","tag-gold-forexxauusdo","tag-nasdaq-nasdaqcomp","tag-netflix-nasdaqnflx","tag-sp-500-cmesp500","tag-tesla-motors-inc-nasdaqtsla","tag-under-armour-inc-nyseua","tag-yahoo-inc-nasdaqyhoo"],"yoast_head":"\nGetting Ready For The Next Big Move - INO.com Trader'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:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Getting Ready For The Next Big Move - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"Seven years ago the DOW was trading around 6000, today this index is over 17,000. So what is the next big move in this index? I suspect the next big move will be on the downside. Today, China announced that exports hit a 7-year low which indicates to this observer that economies around the world […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader's Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-09T16:37:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-03-09T18:15:35+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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Getting Ready For The Next Big Move\",\"datePublished\":\"2016-03-09T16:37:58+00:00\",\"dateModified\":\"2016-03-09T18:15:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\"},\"wordCount\":411,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Alphabet Inc. (NASDAQ:GOOG)\",\"Amazon (NASDAQ:AMZN)\",\"Apple (NASDAQ:AAPL)\",\"Crude Oil (NYMEX:CL.J16.E)\",\"DOW (INDEX:DJI)\",\"Gold (FOREX:XAUUSDO)\",\"NASDAQ (NASDAQ:COMP)\",\"netflix (nasdaq:nflx)\",\"S&P 500 (CME:SP500)\",\"Tesla Motors Inc. (NASDAQ:TSLA)\",\"Under Armour Inc. (NYSE:UA)\",\"yahoo! Inc. (NASDAQ:YHOO)\"],\"articleSection\":[\"Trading Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\",\"url\":\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\",\"name\":\"Getting Ready For The Next Big Move - INO.com Trader's Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2016-03-09T16:37:58+00:00\",\"dateModified\":\"2016-03-09T18:15:35+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader's Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader's Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader's Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Getting Ready For The Next Big Move - INO.com Trader's Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/","og_locale":"en_US","og_type":"article","og_title":"Getting Ready For The Next Big Move - INO.com Trader's Blog","og_description":"Seven years ago the DOW was trading around 6000, today this index is over 17,000. So what is the next big move in this index? I suspect the next big move will be on the downside. Today, China announced that exports hit a 7-year low which indicates to this observer that economies around the world […]","og_url":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/","og_site_name":"INO.com Trader's Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2016-03-09T16:37:58+00:00","article_modified_time":"2016-03-09T18:15:35+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/#article","isPartOf":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Getting Ready For The Next Big Move","datePublished":"2016-03-09T16:37:58+00:00","dateModified":"2016-03-09T18:15:35+00:00","mainEntityOfPage":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/"},"wordCount":411,"commentCount":1,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["Alphabet Inc. (NASDAQ:GOOG)","Amazon (NASDAQ:AMZN)","Apple (NASDAQ:AAPL)","Crude Oil (NYMEX:CL.J16.E)","DOW (INDEX:DJI)","Gold (FOREX:XAUUSDO)","NASDAQ (NASDAQ:COMP)","netflix (nasdaq:nflx)","S&P 500 (CME:SP500)","Tesla Motors Inc. (NASDAQ:TSLA)","Under Armour Inc. (NYSE:UA)","yahoo! Inc. (NASDAQ:YHOO)"],"articleSection":["Trading Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/","url":"https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/","name":"Getting Ready For The Next Big Move - INO.com Trader's Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2016-03-09T16:37:58+00:00","dateModified":"2016-03-09T18:15:35+00:00","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wwwtest.ino.com\/blog\/2016\/03\/getting-ready-for-the-next-big-move\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader's Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader's Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader's Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/37802"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=37802"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/37802\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=37802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=37802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=37802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}