SubscribeA Holiday S&P 500 Update
July 4, 2009
On this July 4th let’s take another look at the S&P 500 Index. It appears that some of the rose coloring on traders’ glasses is beginning to wear thin. Many more traders now perceive this as a two way trading market as opposed to a one way street we witnessed in March and April.
In this video, Adam Hewison of Ino.com analyzes a daily S&P index chart and makes some observations that I think potentially could work out if certain elements fall into place.
You can watch this video with my compliments and there is no registration requirements. I would love to get your feedback about this video.
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2 Responses to “A Holiday S&P 500 Update”
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A, thanks for posting this. I was hearing about the h/s top two weeks ago. Then last week we rebounded to 930ish. I became short of this mkt into SPY 93… but one is never short enough it seems. Volume has been anemic and I find it difficult to believe we will go up from here. I like the way Adam put scenarios together, rather than just predicting down.
Glad you like
Andrew