Thierry Martin
07-05-2009, 07:55 PM
S&P 500 Update July 1st
Today I’m going to take another look at the S&P 500 Index (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3). It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.
I am going to be analyzing a daily S&P index chart and making some observations that I think potentially could work out if certain elements fall into place.
At the present time our “Trade Triangle” technology is indicating a neutral stance in this market. With the -55 reading our “Trade Triangles” are indicating a trading range which could possibly be an early sign of a reversal.
You can watch this video with my compliments (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3) and there are no registration requirements.
4534 (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3)
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Today I’m going to take another look at the S&P 500 Index (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3). It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.
I am going to be analyzing a daily S&P index chart and making some observations that I think potentially could work out if certain elements fall into place.
At the present time our “Trade Triangle” technology is indicating a neutral stance in this market. With the -55 reading our “Trade Triangles” are indicating a trading range which could possibly be an early sign of a reversal.
You can watch this video with my compliments (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3) and there are no registration requirements.
4534 (http://www.ino.com/info/392/CD28/&dp=0&l=0&campaignid=3)
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub