In my new video I explain what this line is and how it can
play out in the short and longer-term time frames.

As always our videos are free to watch and there is no need
for registration. I would really like to get your feedback
on this powerful formation and what you see for the markets
ahead.

Watch Video Now

This gives you some solid knowledge about charts and a heads-up” as to what might happen next.

While doing market analysis on the NASDAQ index, using a Fibonacci retracement, it is becoming apparent that a downward adjustment is imminent. The index was at 2185.45 which is between the 50-61.8% level on the Fibonacci scale

The NASDAQ index is now in thin air and appears to be waning in strength. In this new video Adam Hewison of MarketClub shows exactly what he believes will happen to this market.

Unlike the Dow and the S&P 500, the NASDAQ index has reached unsustainable levels. This is a dangerous area for this index to be in and we would not be surprised to see downward pressure coming into this market later this year or into 2010.

As always the MarketClub videos are free to watch and there is never a need to register.

NASDAQ Video Here

Thanks for reading,

John