In our last video on the S&P 500 (10/27), we indicated that this market may have topped out for the year. Today's action puts in place a weekly "Trade Triangle" which indicates that a temporary or a permanent top is now in place for this market.
In this latest video, I share with you some of the ideas that I think could potentially come into play for this market. Not only do I have some downside targets in mind, but I also see a pattern that could evolve in the next several weeks which will confirm that we've made a serious high in this market.
As always our videos are free to view and require no registration. I would really like to hear your thoughts on this market. Please feel free to leave your comments on the blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
We've had numerous requests for our Q3 numbers and we apologize for getting them published so late. It's not that they are bad, in fact, they are our best quarterly numbers so far for the year. Q4 looks to be stellar and we're looking forward to sharing those numbers with you in the early part of 2010.