In today's video we examine the crash of 1929 and the similarities to Dow 2010. This video is not meant to scare anyone, but to educate investors and traders of the possibilities that may exist in today's market.
We could be, repeat, could be very close to a tipping point similar to that of 1930 when the Dow had ended a 50% correction to the upside. This years Dow pattern was a 62% correction (see current chart on Dow). I invite you to watch this video and see if it makes sense to you.
This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.
While the S&P 500 made new highs for the year last week, it did not do so in a very convincing manner. In today's short video I show you some of the elements that I think should be cause for concern.
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In today's short video we examine the crash of 1929 and the similarities to today's Dow. This video is not meant to scare anyone, but to educate investors and traders of the possibilities that may exist in today's market.
We could be, repeat, could be very close to a tipping point similar to that of 1930 when the Dow had ended a 50% correction to the upside. I invite you to watch my latest video and see what makes sense to you.
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.
The NASDAQ index is now in thin air and appears to be waning in strength. In my new video I show exactly what I think will happen to this market.
Unlike the Dow and the S&P 500, the NASDAQ index has reached unsustainable levels. This is a dangerous area for this index to be in and we would not be surprised to see downward pressure coming into this market later this year or into 2010.