Market Analysis Video: S&P 17 Week Cycle

Found an interesting video on S&P 500 analysis.You can watch and see whether you agree with the analysis.Personally, I just feel that in June and July we might need to be extra cautious in trading, as the market is already extended and it�s possible that correction may happen in the near future.Certainly, no one knows whether it�s going to happen. Only time will tell.Take care... and meanwhile, have a good weekend! :)Analysis Tool:Get Free Trend Analysis for your favorite symbolsRelated Topics:* FREE Trading Educational Videos You Should Not Miss* Trading Tips Video: Fibonacci Retracement, Support/Resistance, Stop Loss, Price Target* Learning Candlestick Charts* Learning Charts Patte...

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How much are you paying per course?

Even in these tough economic times companies are still trying to exploit people�s desire to expand their trading minds! Companies are charging hundreds and even thousands for access to 2-3 hours� worth of mediocre education from their own experts. If anyone has actually paid for the education, they quickly realize that in order to continue and get the �expanded education� they need to continue to spend! It�s all a vicious cycle to separate you from your hard earned pay checks without actually providing you with worthwhile material. There is only one place where you have access to over 150 experts and 500 hours of seminars, for one price and that�s INO TV.INO TV gives its 30,000 members access to massive amounts of educational material that has been handpicked to provide you with the most for...

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DOUBLE TOP PATTERN � Part 2: Important Characteristics

Go back to Part 1: Double Top FormationImportant Characteristics of Double Top PatternExisting Trend:There should be an established existing UPWARD trend. The uptrend should be fairly long and healthy (at least about 3 to 6 months). �Healthy� uptrend means the price trend has generally moving upwards with some moderate retracements in between (forming a �stair-step� shape) and should never undergo a retracement in an extended decline.The longer the price has been in a healthy upward trend, the more likely the pattern to develop into a reversal pattern. If the uptrend is short, the pattern has lower probability to work out, and the upward trend is more likely to continue.Shape of Double Top Pattern:1) The Two Peaks:* The peaks / tops can be either sharp & narrow (like inverted V) or a bit...

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Trading Tips Video: Using TREND LINES in Analyzing the Market

Trend Line Analysis is one important tool in technical analysis. It is normally used for trend identification as well as confirmation.What is Trendline?Trend line is a straight line which connects two or more price points. The line is then extended to the future to act as a Support or Resistance line.In technical analysis, the general rule to establish a trend line is that it takes two price points to draw a trend line. The third point is typically used to confirm the validity.There are 2 types of Trend Line:1) UPTREND LINEAn uptrend line is a trend line that has a positive slope (trending upwards).It is formed by connecting two or more low points. The second low must be higher than the first low.An Uptrend line will act as a Support line. As long as prices stay above the uptrend line, the...

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DOUBLE TOP PATTERN � Part 1: Formation

Double Tops Pattern is a bearish reversal pattern that normally forms after an extended uptrend, which marks a shift in trend from bullish to bearish.Sometimes, this pattern is called �M pattern� because it looks like one.The Formation of Double Top PatternDouble Top Pattern contains two consecutive, distinct peaks / tops at about the same price level, with a moderate trough between the peaks.This pattern forms when the price is in an existing uptrend. It occurs when the price increases to a resistance level (forming the 1st peak), then decline (forming the trough), and then return to the resistance level again (forming the 2nd peak) before subsequently...

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