Stock Market S&P 500 Index Trend Update for July 2009
Stock-Markets / Stock Index Trading Jul 01, 2009 - 06:15 AM GMTBy: INO
Today I'm going to 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.
I am going to be analyzing a daily S&P index chart and making some observations that I think potentially could work out if certain elements fall into place.
At the present time our "Trade Triangle" technology is indicating a neutral stance in this market. With the -55 reading our "Trade Triangles" are indicating a trading range which could possibly be an early sign of a reversal.
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.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
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