Adam Hewison is back with four new videos, sharing his outlook for the S&P500, the dollar, gold, and crude oil in the near term. Even if you're not a trader, Hewison's seasoned way of explaining ideas is very well informed and useful, and his videos are worth watching, and keeping tabs on.
Title : A Sneak Peek At The S&P 500
This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.
"While the S&P 500 made new highs for the year last week, it did not do so in a very convincing manner. In today's short video I show you some of the elements that I think should be cause for concern."
Title: Is The US Dollar Reversing Again?
"It's been a while since we did a video on the euro/dollar relationship. This relationship may be reversing again based on recent price action. In today's short video I point out some of the changes we see happening in this market."
Last week, Jim Rogers discussed his long position in the euro. The reversal of the dollar, may also be a sign that 'risk' is back on, though I suspect that will have more to do with the USDJPY cross. For the time being, however, the dollar looks set to weaken against the yen too.
This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.
Title: A Sneak Peek At Gold
This week could be shaping up to be an extraordinary week in the markets. I strongly recommend that traders everywhere take precautionary measure measures to protect capital.
"Last week we gave you a Trade Triangle alert to exit the gold market on the long side. Since that alert was issued gold has dropped significantly."
Hewison points to a very specific key level of $1091.19. If gold breaches that level, Hewison says it will test around 1060, a he believes that gold will be range-bound for the next while.
Title: A Quick Peek at Crude Oil
