There's no question about it, these markets are in turmoil not knowing what to do. On one hand, the NASDAQ is showing a negative trend based on Trade Triangle technology, and the DOW and the S&P 500 are indicating a sideways trend at best. Today I'm going to be looking at key areas to watch for in these markets and what to do if and when these levels are broken. I still believe that the deal breaker in this whole equation is going to be what's happening in the Ukraine. With Putin flexing his muscles on the global stage and no one willing to stand up to him, he knows that he is going to win the game he is playing. Just yesterday, he indicated that sanctions mean nothing to him. That is the only weapon the west has or is willing to use against Russian domination of Europe. Like it or not, Putin's aggression is going to cast a pall over all of Europe and a slowdown in business and the nascent recovery that was beginning to take place there. Let's take a look at the major markets now and the current trends based on MarketClub's Trade Triangle technology. DOW 30: Major trend positive. Intermediate trend negative. Sidelines position recommended. S&P 500: Major trend positive. Intermediate trend negative. Sidelines position recommended. NASDAQ: Major trend negative. Intermediate trend negative. Short-term trend negative. Crude Oil: Major trend positive. Intermediate trend positive. Short-term trend negative. Gold: Major trend positive. Intermediate trend negative. Short-term trend positive. EUR/USD: Major trend positive. Intermediate trend negative. Short-term trend positive. As you can see, many of these markets have conflicting trends creating choppy trading conditions. Just to clarify a point, when you see a 50 or 55 Score for any market, that is an indication of a trading range with no clear-cut trend in place.
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Futures and Options trading has large potential rewards, but also large
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CFTC RULE 4.41—HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the MarketClub™ methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.
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