Today I wanted to show you a quick video I put together explaining why I think the rally is at the very minimum going to take a rest, and quite possibly the market is preparing to retest the March, 2009 lows.

Using a trick that I have found very useful in predicting market trends, I analyze the Dow Jones Industrial Average and show you how you can forecast the markets in the upcomming weeks.

By combining the Marketclub Trade Triangle technologies on a monthly chart, with the MACD indicator, you can help pinpoint reversals in the market.

Looking at the chart, you can clearly see how trade triangles and MACD pinpointed the bull market run and subsequent top from 2003 to 2007. This filter has not confirmed this current market rally. Combined with rather weak trading volume during the Rally, the lack of trade triangle / MACD confirmation of a reversal should provide a strong warning to traders.

Please enjoy the video, and as always I welcome your comments. Please leave them below!

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