On Wednesday, 11/11/09, the Dow Jones Industrial Index rallied to a 50% retracement level based on MarketClub's Fibonacci measuring tool. The action today indicates that this level is very important and that it could be an important top for this market.
In my latest video I cover both the Dow and the S&P 500 and tell you what I think is going to happen to both of these markets in the near and intermediate term.
As always our videos are free to watch and there's no need to register. We would, however, like to get your feedback as to what you think is going to happen to these two important markets. Please feel free to comment on our blog.