After dipping just below the 1.20 level, the euro had a brief rally that pushed this currency back up to the 1.24/1.25 area. This corrective rally did not change the longer-term outlook for this market.
In this new short video (less than two minutes in length), you'll see our updated thinking on this currency.
Like all of our videos, there is no need to register and we encourage you to leave your thoughts below.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
In this short video, we share with you the downside targets that we have independently arrived at for this index. This video is short and to the point, but you will see exactly what we're looking at. The chart pattern and downside counts are similar for all of the equity markets and I believe that this Friday we will see exactly what's going to happen.
As always our videos are free to watch and there is no need to register. All we ask is that you make a comment and let us know your views on this market.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
In today's short video we look at Amazon, not the river, but the stock. Yesterday (6/28/10) I spotted some market action that I wanted to bring to your attention. Unfortunately, I could not release this video any sooner because of scheduling.
Amazon is in a whole lot of trouble in my opinion. Not only are our "Trade Triangles" negative, but also an important technical element for Amazon was breached. This one element is one of the simplest, yet most powerful technical tools you can use in trading.
I think you'll enjoy this very simple approach as it has worked consistently over the years. As always our videos are free to watch and there are no registration requirements. All we ask is that you comment on our blog about this video.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market.
In my new video I explain what this line is and how it can play out in the short and longer-term time frames.
As always our videos are free to watch and there is no need for registration. I would really like to get your feedback on this powerful formation and what you see for the markets ahead.
All the best,
Adam Hewison
President of INO.com
Co-creator of MarketClub
In the market there are two types of market divergences that can occur: a bullish divergence and a bearish divergence. Both of these divergences are important and you need to know how they work and how you can benefit from this knowledge.
In this short educational trading video, I will show you the tools I use to spot market divergences. We will be using the Relative Strength Indicator (RSI) and the Moving Average Convergence Divergence indicator (MACD) which was developed by a friend and mine, Gerald Appel.
As always our videos are free to watch and there are no registration requirements. If you would like to comment on this or any of our other videos, please feel free to do so on our Trader's Blog.
All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub
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