The Dow has managed to claw back 50% of the losses that occurred in 2007 and 2008. The question now is, what's ahead?
In my new video I share with you some of the ideas that I'm looking at for this index. I believe we are at a very important crossroads and would not be surprised to see this market lose ground in the next 3 to 6 months. In the video I also show you exactly what I'm looking at that will confirm a major top for this index.
As always our videos are free to watch and there is no need to register.
Enjoy the video and let us know what you think on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
The DJIA is trading near the lows of its recent 5-week trading range. The S&P 500 is near the middle of its range, while the NASDAQ is retesting the top of its range. Which one is the leader? If the DJIA closes below Adam's "line in the sand" of 10285.97, will the DJIA sell off and bring the other averages with it? Adam's other video published today on the NASDAQ says it is topping-out, so it seems like DJIA might be the bellweather index to watch.