Is the DOW getting ready to crater again?

Down ChartThe DOW has had a remarkable recovery from the lows that were seen in March of '09. The question now is, are we headed higher, or is the move over for now?

In this new short video, I will show you some important aspects that I think will warrant your attention. The video is three minutes long and was created on the last day of trading in April.

While we are not saying that the market is going to crater, it's in everyone's best interest to be aware of this one key level that we point out in the video.

As always you can watch our videos without registration and there are no fees involved.

Enjoy the video and take a moment to comment on this post.

All the best,

Adam Hewison
Co-creator, MarketClub

15 thoughts on “Is the DOW getting ready to crater again?

  1. Dont know about you guys but I love the intro. Its very comforting in this volatile market

  2. yes volume is douwn, but the intro melody goes high 🙂

  3. I had the same problem with lack of volume on sound. Thanks for the information. Keep up the good work.

  4. Adam, I think what Sham is saying is that the volume of your presentations is very low compared to other audio found on the net. I find myself having to turn up my volume quite louder than usual to hear the presentations.

    Thanks for all your advice and insight!!

  5. Hi Adam,

    Great Video.
    BTW Sham is right. Time to time volume on your video is very low, eventhough we adjust it at high on our speakers.
    Thanks for looking into it.


  6. Although my reasons are slightly different, I suspect we'll see a market pullback here. I'd be extremely cautious about buying into new positions here.

  7. Hi Adam, I am a new member and I really enjoy your site. I think it will help me not overtrade my positions and really help me stay with the trend. When using the trade triangles for equities...I see you say to follow the monthly triangle for trend and the weekly triangle for timing...should I be doing this on a Daily or Weekly chart of the stock I am watching? I notice that sometimes a new monthly triangle has appeared on the Daily chart but not the Weekly chart...for example NYT presently is showing a monthly sell triangle on the Daily chart but not the Weekly...should I wait for the new monthly sell triangle to show up on both Weekly and Daily charts before I get short?

    1. Gregg,

      Use the monthly Trade Triangles on the daily charts. That is were they show up first.


  8. Adam, thanks for the Heads Up. I think the Market will either get its typical 9% correction before another move up -OR- a more serious correction in line with the real, underlying economic factors (PIIGS, record bank failures, US deficit, 10-17% unemployment, shaky 600 trillion dollar derivatives market).

  9. We've been expecting a serious retrace for months!! By we, I mean technicians. It was the same story when we were at the 50% retracement level, market was also hitting the long term down trendline and we were in all sorts of patterns (H&S, wedge) and we also have had divergence for a long time! Result, nothing happened even after high volume breakouts... Technicians have been wrong a lot recently, predicting the trend is just not working. The market should have retraced a long time ago. Yes I agree, that we are exactly at 61% retrace and that it's a level to watch, but we all thought that the 50% was the most important level specially because we had the down trendline resistance at the same time.

    I just don't know anymore. Why do you think this time might be different?

  10. Good call, Adam. I think DOW will break 1100 and start correction, as its friends small cap and middle cap did already (rut broke down 720 on Friday and small cap is leading sector). I assume DOW will hold 200 dma or above 1000. If not, however, then this bull market is over.
    I think long gold and short board ETF could be a good bet, at meantime I'd write call and write put for hedge. Thanks.

    1. Sham,

      Thanks for your feedback.

      Are you having any problems with your speakers?

      This is the first I have heard of a problem with the sound.

      All the best ,

Comments are closed.