Adam from MarketClub has posted a new video this year on the S&P 500. He examines S&P 500 closely and determines that the market is heading lower after drawing the Fibonacci retracement from the high to low. He explains 50% and 61.8% retracement levels are very important as the market tends to sell off after hitting these resistance levels. He cautiously reminds the investors to take defensive action and be out of the market at this time. I strongly advise you to at least check out his video. I will continue to post articles at Long & Short Investment reminding everyone to check out Adam’s videos as he posts new ones.
Other Articles:
MOO at 61.8% Fibonacci Retracement Level
Follow Warren Buffett Long-Term Stock Picks
Popular Currency ETFs…
GOOGLE: Is It Time to Go LONG?
Baidu At Decision Point... Up or Down?
Bubbles Forming in Chinese Economy?
No comments:
Post a Comment