Friday, April 16, 2010

The S&P500 and Dow Are At Tipping Points

The latest released short video by INO discusses the DJIA and the S&P500. Very interestingly, both mention the RSIs (relative strength index), which readers here know we use quite a bit. Both shows the Fibonacci levels approaching 61.8%.

Is it too much coincidence that we showed the cyclical drops yesterday as well? It's all coming together.

Watch video.

To run the tool yourself on any stock of ETF, please use this link for a trial.

This is what INO says:

We owe trillions of dollars, but Crude oil is at $86 a barrel, the DOW, S&P,
and NASDAQ are making new highs almost everyday and unemployment is officially
at 9.7%. Everything is great! Happy days are here again... Right?
So is the DOW, S&P, and NASDAQ all going to keep going higher forever? Or are the
teachings of a dead mathematician going to reverse this juggernaut of a market?
In my new video I show you exactly what I mean and how the these
indices could be very close to a very important tipping point.
This is without a doubt, one of the most important videos I have ever made and if you are concerned about your financial future, you don't want to miss it.

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