Hello everyone this is Adam Hewison. I just got back from New Zealand and Australia and when I returned from "down under" and studied the charts this past weekend, I can see that the major indices have not fared well while I was away.
For some time now we've been very concerned that all the major indexes are in the "thin air" and have exceeded some key Fibonacci retracement levels. This new short video explores that and looks at a key Japanese candlestick formation that could really make a difference and be the first clue in the demise of the Dow.
I'll also show and share with you a specific number to look for in February. Should this level be broken, then it will signal a major reversal to the downside for the Dow.
As always our videos are free to watch and there is no need to register.
It's good to be back and it's going to be a great year. I'm looking forward to working with you all.
Enjoy the video and let us know what you think on our blog.
All the best,
One thought on “Is the Dow in Trouble?”
Thank you very much for this update on the Dow.
I'm 62, and my learning process isn't what it used to be,
so the more I see & review your techniques, the more I retain.
For the past week, I have watched the market go down,
and wondered what it all means for trading.
I didn't think of looking at monthly charts until I watched this
video (I've only been a member for about a month).
This really helped me keep perspective and to know what to watch for.
Sometimes, all this new information from the M.Club website
is overwhelming, but this video helped put candles, charts
and triangle in perspective.
Your service is well worth the membership fee.
I hope you can do a monthly or weekly on the DOW to help us new members.
Thanks again - with your help, I will rebuild my IRA after the 07-09 Bear.
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