Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 3rd of July.
As we go into the long July 4th holiday weekend, we thought it would be interesting just to look at some of the trends that are persisting in the markets right now.
So let's get started.
LOOKING AT TRENDS IN THE:
DOW MAJOR TREND - Positive
INTERMEDIATE _ Negative
RESISTANCE - 15,080
SUPPORT - 14,600
S&P500 MAJOR TREND - Positive
INTERMEDIATE _ Negative
RESISTANCE - 1630
SUPPORT - 1560
NASDAQ MAJOR TREND - Positive
INTERMEDIATE _ Negative
RESISTANCE - 3450
SUPPORT - 3300
GOLD MAJOR TREND - Negative
INTERMEDIATE _ Negative
SHORT-TERM - Positive
RESISTANCE - 1280
SUPPORT - 1180
CRUDE MAJOR TREND - Positive
INTERMEDIATE _ Positive
SHORT-TERM - Positive
RESISTANCE - 105.00
SUPPORT - 98.00
EUROUSD MAJOR TREND - Positive
INTERMEDIATE _ Negative
SHORT-TERM - Negative
RESISTANCE - 1.3100
SUPPORT - 1.2900
Have a great trading day and 4th of July. I will have a report for you on Monday - See you then.
