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John’s seminars are usually reserved for paying attendees so please take advantage of the chance to learn from a man with over 30 years successfully trading using technical analysis.
| ESZ9 For 11/09/2009  |
How To Use |
| Symbol | R1 | R2 | Pivot | S1 | S2 | |
| ESZ9 | 1072.67 | 1079.08 | 1063.08 | 1056.67 | 1047.08 | |
11:00 AM ET11:30 AM ET11:30 AM ET1:00 PM ETA Quick Update on the Crude Oil Market
I was just looking at the charts and they are beginning to look very, very bullish. The formation I show you in today’s video is a classic continuation pattern to the upside. This pattern also confirms a Fibonacci target number we are looking at.
This video is short and to the point and I think it will get you thinking about this energy market.
Click here to see where crude oil is headed
As always our videos are free to watch and there is no need to register. After you watch the movie, please feel free to comment on blog.
“Research In Motion Ltd. (RIMM) will spend up to $1.2 billion to buy back about 21 million of its shares, or 3.6% of its total shares outstanding. The buyback will start Nov. 9 and last for up to one year.”
That was the headline news today on Research in Motion symbol RIMM so I decided to look at the chart to see what was going on in the “real world”. When I got to the chart, one thing immediately jumped out at me and that was the negative action that this market has shown in the past several weeks. Looking at this market a little closer I was able to see that our “Trade Triangle” technology was 100% negative and that our monthly “Trade Triangle” indicator had turned negative on October 28th at $63.38. This is a major negative in my mind for this market.
In this short video I show you exactly what we expect to see for RIMM in the future. I also share with you some downside targets that we are looking at which may surprise you.
Click here for this informative investment video on RIMM
As always our videos are free to watch and there is no need to register. I hope you enjoy the video and comment about it on our blog.
