The S&P 500 Update Reveals the Inner Workings

The S&P 500 Update Reveals the Inner Workings

June 25th 2009

Here we have a short video which examines the internal workings of the S&P 500 index. This update uses the internal forces of the market to time new positions. It uses the free technical tools available in MarketClub to help time a position.

You will see three of tools we have at our disposal in use here. The first and most important tool used in this example is the Fibonacci retracement tool which works so well for this example.

Next is the Welles Wilder parabolic SAR. This tool is very useful for confirming entry and exit points when combined with our Fibonacci retracement tool.

Lastly, the MACD is used as a check on the other tools and is in agreement. This tool can help in timing the entry point using an intra-date chart.

The video is free to watch and naturally, there is no need to register.

Watch, listen, learn and enjoy this video.

Then go to it,
Good Trading,

Tom Nadir