June 29, 2010

Does this chart line spell doom for the markets?

Filed under: Stock Market, Technical Analysis, Trading Mentor — tradingfives @ 10:34 am

It's thoughts like this that catch my troubled headDoes this one chart line spell doom for the markets?

Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market.

Watch the video here.

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.

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

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