Stock Market Masters

Posts Tagged ‘retracement’

Of the three major indexes we track: DOW, NASDAQ and the S&P 500, only the NASDAQ is in thin air.

So far the NASDAQ is the only index to make it past the 50% Fibonacci retracement levels as measured from the highs seen in 2007 and the lows that were made in March of 2009. That is what I mean by thin air.

Another term you will learn in the video is the Negative Engulfing Line: When you totally engulf the previous day’s range and close on the low.

Both the Dow and the S&P 500 have rallied strongly from their March lows but have not made it over the 50% retracement level. Markets tend to make a turn tetween 50% and 61.8% of the retracement level. The NASDAQ is in that zone now.

Many professional traders are looking at the NASDAQ retracement using the Fibonacci tool, as it represents a potentially key turning point in the market this year.

While not all the pieces are in place to go short or get out of long positions, one of the first clues is being put in place today by the Japanese candlestick charts.

In our new video, we share with you the NASDAQ retracement levels, as well as one of the key components that could lead to a potential reversal to the downside.

If you are a trader, you should be watching the trends using the Fibonacci Tool inside MarketClub to help maximize your returns.

Watch the video: Is the NASDAQ Now in Thin Air?

You can get more videos by clicking the FREE TRIAL button above the video.
What do you think about this video? Your comments and feedback are welcome.

How to accurately analyze any stock using the Fibonacci Tool

When analyzing the stock market, an important observation is the use of retracement levels. Those can show you whether you should go long or short on a particular market. Today we are looking closer at the S&P 500 (NASDAQ: INX).

When a market declines for a long time, it can also retrace within the longer term slide and move back up within the downward trend. To understand that concept, you need to look at a chart showing the long term market, along with the Fibonacci tool which will show deeper market analysis.

There is no question about it, the markets can be very difficult at times. On the other hand, you can laugh all the way to the bank if you approach the markets in a systematic way.

Many people have said the S&P 500 market has gone up; not on the fundamentals, but on the perception that things are going to be better. Perception is one of the most powerful elements of the market. I think that perception trumps both the fundamental and technical.

So will happen to the S&P 500? Is it going to continue going higher for the rest of the year, or are we close to a turning point?

In our new short video, several key areas are outlines, showing what this market is fast approaching. These levels could be the Achilles heel for this market and potentially set the direction for the rest of the year.

As always, the videos are free to watch and there is no need to register. All that we ask in return is that you comment on our trader’s blog.

To see how this is done and understand more about retracement levels, watch the video:

Watch the video: SP 500 Are You Long and Nervous?

You can get more videos by clicking the FREE TRIAL button above the video. What do you think about this video? Your comments and feedback are welcome.

If you are a trader, you should be watching the trends using the Fibonacci Tool inside MarketClub to help maximize your returns.