Market Club's S&P 500 Chart Analysis for 06/17/2009

Wondering where the S&P 500 may be headed in the near term? Below you'll find a chart analysis video from Market Club, released 06/17/2009, showing key levels they are watching for possible near term targets.

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With the daily whipsaw action lately, it's good to take a step back and watch a video like this to help get some perspective outside of the news releases that come out.

Over the last few days we had conflicting reports that make it hard to keep a clear mind. One day New Housing Starts come out and were much higher than expected at 17.2%. Then Mortgage application results came out and were terrible, dropping much more than expected. Sometimes it makes me wonder if we should believe the government reports at all.

Enjoy the free video below:

S&P 500 - A correction or a major turn?

With the S&P 500 falling to a fresh two-week low, the big question is this a correction, or the start of a major trend on the downside?

I have just finished a short video that details many of the key concerns that we have for this market. If you have not seen our videos before you may enjoy this one. This video does not require a plug-in.

Crude Oil Outlook Video

The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.

Watch Your Free S&P 500 Chart Analysis Video Here:

All the best,

Adam Hewison
Co-creator, MarketClub

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