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Weekly Trade Triangle Indicates Exit All Long SP 500 Positions

Source: http://club.ino.com:80/trading/2009/11/weekly-trade-triangle-indicates-exit-all-long-sp-500-positions/
Posted on Tuesday, November 3rd, 2009 | In Investing Lessons, Trading Lessons

Contributed by: Trading School (http://ino.com) -

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

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Tags for this Post:
Adam, Adam Hewison, ino.com, Investing Lessons, marketclub, president, Sp 500, Trading Lessons, trading school

About Trading School (http://ino.com)

It's your own personal trading university where you set the curriculum with some of the most well known professional traders in the world. These audio (MP3) seminars and PDF workbooks will have you following along with trading greats like Linda Raschke, Mark Cook and Chuck LeBeau, just to name a few. The 35 seminars in Trade School cover an array of topics including foreign exchange, futures, day trading, money management, stocks, psychology, indexes, options, and more. You can quickly learn from the professionals in Trade School, while saving thousands of dollars in seminar costs!

In addition to the 35 Trade School seminars we have online, we also have 26 training videos that show you how to get the most our of the market and MarketClub. Adam Hewison, our president created these special flash videos for MarketClub members. Judging from the feedback we have received from our members, it's a feature that is heavily used and well liked. he world. These audio (MP3) seminars and PDF workbooks will have you following along with trading greats like Linda Raschke, Mark Cook and Chuck LeBeau, just to name a few. The 35 seminars in Trade School cover an array of topics including foreign exchange, futures, day trading, money management, stocks, psychology, indexes, options, and more. You can quickly learn from the professionals in Trade School, while saving thousands of dollars in seminar costs!

It's all included in your MarketClub Membership

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