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Stock Market Technical Analysis Weekend Video Edition for Ending Week 06/12/2009

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Uploaded by on Jun 13, 2009

** IF YOU LIKE THE VIDEOS PLEASE SUBSCRIBE TO THE VIDEOS AT AskChrisHeTrades YOUTUBE CHANNEL, SO YOU CAN BE THE FIRST IN LINE TO GET YOUR PLAYBOOK OUTLINE BEFORE MARKET OPEN** WATCH IN HD FOR CRYSTAL CLEAR VIDEO. YOU CAN ALSO WATCH IT AT ASKCHRISHETRADES.BLOGSPOT.COM OR STOCKTOCK.COM**

Hi everybody, in this video I take an outside of the box view of the markets and dollar. My main goal here is to try to look for clues that could show us which direction we may be heading in before the move occurs. Now you can't always predict a move, but as technicians that's what we are basically trying to do. So the charts I go over in the video are the $USD dollar index and most of the major index and sectors. I bring to your attention how the dollar has possibly bottomed out from the decline it had since 1985. So this monthly chart that I am bringing to your guys attention once again shows that we may still be in a deflationary environment and the money that the government has pumped in the system was just a quick kick of the can. Now I am no economist, but I do know the dollar goes up in a deflationary environment and commodities usually go down vice versa. We had a boom cycle in the U.S for quite a while now and it topped out back in October of 2007. I also point out that on a monthly chart, when have you seen a stock that has been in a major uptrend on a monthly chart, break through the 200ma only to break back above it in say 3 months. I have never seen such a thing especially if it has been in a long uptrend. Now I know I sound bearish on these markets, but I just have some analysis that points towards my views and as a technician we all have our own views. If I am wrong and the dollar takes a crap again so be it. My charts will let me know way ahead of time before any portfolio damage is done, and I will let you guys know ahead of time as well. So back to the inflation and deflation jumbo. So we had a boom cycle and now it looks to have gone bust. Commodities are rising on the hope that inflation is back into the system and the fed has not even printed enough money yet that they may need to curve this deflation. So now we can go ahead and look at housing prices and we still see them falling. They may say that it is stabilizing, but we all know that is B.S and they are known to do number fluffing. So if this is a true dollar bottom we should see commodity prices and asset prices continue to deflate, job numbers getting worse, and possibly something to happen that we never would have expected. I guess you can say this is the beauty of trading the stock market and also it is the beauty of life. You have to just go with the flow and see what happens. This could be something bigger than we expect or it could be something we could fix in a short time. I just know we have a lot of uncertainty in front of us, and Im trying to use the charts like a real technician and pick apart what could be happening. With that being said, I hope you guys enjoyed the analysis and the out of the box thinking. ALWAYS HAVE AN EDGE AND YOU WILL BE AHEAD NO MATTER WHAT!! WHATEVER YOUR EDGE IS USE IT TO YOUR ADVANTAGE!!

**Almost forgot to mention. Notice how money is starting to shift into the safe haven sectors. Utilities and healthcare and conglomerates. Do the big boys smell something fishy?

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