S&P 500 – Battle Royale

Any trader in the market right now has seen dramatic moves intra-day.  While investors may not typically be too concerned about intra-day movements, those large swings show just what kind of battle is being waged each day in this market.  The market is see-sawing, but is approaching an important level – this level could sway the battle for one side…at least for now.  With so many other levels beyond to watch it is important to be aware of points where the battle is likely to turn.

Adam breaks down these levels in this new video.  Here are his comments….

The battle between the bulls and the bears continues in the S&P 500 with neither side able to gain the upper hand. This choppy trading action will eventually lead to a large move one way or the other. The bulls are betting that we are headed higher and the bears are betting that the economy is going to tank.

In my latest video, I share with you some of the key technical points that are still in play and where the market needs to go in order to break out of the current logjam that it’s in.

As always our videos are free to watch and there is no need for registration.

Please let us know your thoughts.

http://www.ino.com/info/591/CD3784/&dp=0&l=0&campaignid=3

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub