| |||||||||||
Outlook for financial markets, according to the charts
I often refer to the technical analysis of Adam Hewison (INO.com) to provide insight into the most likely near-term movements of financial markets. He has just produced four short presentations on various markets. As my day is chock-a-block with meetings today, these links are posted without further comment. S&P 500 Index: Uptrend, but some concerns are emerging. Click here for video. US dollar: Is greenback about to resume its downtrend? Click here for video. Gold bullion: A move down to bottom level of trading range? Click here for video. Crude oil: Breaking short-term support. Click here for video.
More on this topic
(What's this?)
Gold Price Target of USD 2,300
(Gold Stocks Today, 6/26/15)
Rising U.S. Dollar an Obstacle for U.S. Multinational Corporations
(Jutia Group, 5/27/15)
Mayweather Pacquiao Fight and the Declining Value of the U.S. Dollar
(Jutia Group, 5/8/15)
1 comment to Outlook for financial markets, according to the chartsLeave a Reply | |||||||||||
Copyright © 2018 Investment Postcards from Cape Town - All Rights Reserved |
Hi Prieur,
I’ve been following Adam for a while now, and his forecasts have NOT been accurate for the most part.
His latest on the NASDAQ about 2 to 3 weeks ago was his latest wrong call, expecting a pretty major correction, which in hindsight never occurred.
Other missed calls were RIMM, AAPL.
Buyer be wary here.