fibonacci resistance Archives - Page 92 of 93

WORD OF THE DAY: CONTAGION

Posted on July 12, 2011July 14, 2011 by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your market update for Tuesday, the 12th of July.

WORD OF THE DAY: CONTAGION - the ready transmission or spread of an idea or emotion from person to person: a contagion of fear.

As we reported yesterday, this market is in a very choppy, emotional state and it is a battle between the Bulls and the Bears. Events outside of the control of the US in Europe and the contagion problems in Italy and Greece are all making this one financial mess.

Another disastrous trade deficit today of over $50.2 billion was not good news for the USA.

The debt ceiling talks continue between the Democrats and the Republicans with no apparent end in sight. Perhaps they should look up the word contagion, and relate it to how things can spiral so quickly out of control and take on a life of its own.

What is happening in Europe could very easily happen here in the US if we don't start addressing this problem. This is a real a crisis and Congress is treating it just like another minor problem we have to
solve. It has major implications for the US and it's standing in the world. Imagine if the dollar lost its reserve currency status! That would be catastrophic for this country and everybody who lives here. It would not be a pretty picture.

Let's go to the markets as they tell the real truth in what's unfolding in the financial world. Continue reading "WORD OF THE DAY: CONTAGION" →

Indexes are high

Posted on July 7, 2011 by The INO.com Team

Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Thursday the 7th of July.

The indexes are all higher for the day and are now close to major resistance basis the S&P 500. Our trade triangle technology has been bullish on the S&P 500 since $1,300 and we are sitting on some nice profits. However I do believe that we are close to a cycle high period and that we could see some profit-taking coming into the index markets next week. The current rally has been on extremely light volume even for summer trading.

Crude oil pushed upwards to the $100 a barrel range today and I think perhaps we are close to seeing this market peter out and take a rest in the short term. Technically, the market is fast approaching the upward level of its Donchian trade channel. I expect that we will see some profit taking coming in around current levels.

Other markets were generally quiet so far today.

Now let's see how we can protect and make your money grow. Click here to watch the video. Continue reading "Indexes are high" →

Crude Oil + Precious Metals = Strong Moves

Posted on July 5, 2011 by The INO.com Team

Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Tuesday the 5th of July.

The big story today has to be the moves in both crude oil and precious metals. Both of these markets have made strong upward moves. The crude oil dump of 30 million barrels is history and it underscores just how little influence anyone has over what is arguably the most precious commodity for any industrialized country.

Is it just me or is there a whole lot of smoke and mirrors going on in the political/financial world today. It seems that politicians continue to kick the can down the road when no politician either here in the states or anywhere else for that matter wants to say there is no more money!

Is there a chance that Germany wants out of the euro? I believe there is. I also think that German citizens will ultimately become enraged at having to bail out weaker countries like Greece, Spain, Portugal. France of course has a huge risk as they have the most exposure to Greece. Continue reading "Crude Oil + Precious Metals = Strong Moves" →

Dead for 750 years and still accurately predicting the markets...

Posted on August 4, 2009June 19, 2012 by The INO.com Team

You may have heard about Fibonacci, the man who discovered a set of numbers which have been found to have a major affect on the market. So who is this Fibonacci fellow and why are his findings so important in the market place?

The mathematical findings by this thirteenth century Italian man has yielded a useful tool which is used in technical analysis and by scientists in a large array of fields.

In our new short video, I will look at gold and also the crude oil market using MarketClub's Fibonacci tool. I think you will be surprised and shocked at just how accurate and up-to-date this dead mathematician's work is in today's markets.

This is such an important video that we only want to leave it online for a short time. We urge you to take 4 minutes and learn the Fibonacci secret to the markets.

There is no need to register for this video and of course you can watch it with our compliments, but you must act today otherwise you risk missing out on this key element to the market.

Enjoy the video and please give us your feedback on this blog.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

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Revisiting the Dow Jones Industrial index (new video)

Posted on July 15, 2009July 15, 2009 by The INO.com Team

In today's short video I am going to be revisiting the Dow Jones Industrial index (DJI).

I think it's very interesting to see what our "Trade Triangles" are doing as well as what our Talking Charts are saying about this market.

I'll also be using MarketClub's Fibonacci tool. If you have not seen this tool in action, I strongly recommend that you watch today's video.

You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video on our blog.