One year later, reality sets in

It's been just a little over a year since we had our first major buy signal for the S&P 500 at 888.70 on 5/4/09. Since that time, the S&P 500 has climbed approximately 61.8% from the lows that were seen in early March of '09 and the highs that were seen in October of '07.

We take our "Trade Triangle" technology very seriously and this signal today (5/25) at 1044.50 is our first major sell signal since 7/1/08 at 1,272.00 and should not be ignored.

There are a whole host of problems that are coming due around the world that will have negative consequences for the equity markets. The problems in Greece and Europe are well known and are likely to continue for the balance of the year. This is going to have a negative impact on markets in general.

In my new short video I show you exactly what I think is going to happen to the S&P 500 market and just how you can protect yourself if we are correct. As always our "Trade Triangles" will dictate all market action. At the present time all of our "Trade Triangles" are negative and pointing to the downside. This indicates that a very strong trend is in place and it likely to continue.

Many traders, especially younger traders, are unaware of how bear markets work. Bear markets tend to be demoralizing as they do not have any strong and sustained rallies. They tend to erode as more and more traders become unnerved and throw in the towel.

I invite you to take a look at this new video with no registration and no charge.

Whether you agree, disagree, or just want to comment on this video, please do so on our Trader's Blog.

All the best,
Adam Hewison
President, INO.com

Co-creator, MarketClub

Category:

Howto & Style

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• sp500
• S P 500
• market conditions
• how to trade the sp500
• sp500 falls

[supernorst]

I do agree that the charts look pretty bad here. Ive already gotten blown out tryin to do a little bottom fishing on some of my positions. I do believe that the US indices will outperform the rest of the world in the next few months. I would look here to do some buying and will not be concerned until the S&P breaches the 1010 level and holds a close below it. If nothing else the market may get stuck in a tight trading range between 1050 and 1100 for a while. Expect a strong dollar too