{"id":58296,"date":"2011-06-14T13:25:32","date_gmt":"2011-06-14T03:25:32","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/06\/14\/equities-not-doomed-as-yet\/"},"modified":"2011-06-14T13:25:32","modified_gmt":"2011-06-14T03:25:32","slug":"equities-not-doomed-as-yet","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/06\/14\/equities-not-doomed-as-yet\/","title":{"rendered":"Equities Not Doomed As Yet"},"content":{"rendered":"<p>\n\tFNArena has added another video to its Investors Education section on the website. In this educational video, ATW&#039;s Jerry Simmons explains weakness at the opening of the month was &quot;strategic&quot; as it led to the S&amp;P500 weakening into and below the 1290-1295 zone. He believes US equities will need to sink as low as 1280 (at a minimum) for the negative break-out to be confirmed (this has by now occurred with the index currently at 1271). The upside appears limited due to resistance at 1346.<\/p>\n<p>\n\tOther analyses provided in addition include US Dollar Index, AUD\/USD and crude oil.<\/p>\n<p>\n\tConcludes Jeremy: Watch the Treasuries as that market has been sending the message that equities are in a corrective mode. He believes this market is in jeopardy of rolling over. Any breakout below 12400 (for Dow30) initiates roll reversal, then 12410-12424 would represent resistance. Similar as with the S&amp;P500 analysis, the latter has now occurred.<\/p>\n<p>\n\tTo view the ATW Strategic Prep Video click <a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_front_videos&amp;vid=39\">HERE<\/a> or visit the FNArena Investors Education section of the website.<\/p>\n<p>\n\tHere&#039;s the direct link: http:\/\/www.fnarena.com\/index2.cfm?type=dsp_front_videos<\/p>\n<p>\n\tAll views expressed are Jerry Simmons&#039;s, not FNArena&#039;s (see our disclaimer).<\/p>\n<p>\n\tJerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the &ldquo;Masters&rdquo; Programme within the education system at New York based Advanced Trading Workshop (ATW). ATW recently set up shop in Australia through the establishment of ATW Australia (since mid-2010).<\/p>\n<p>\n\tFNArena is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market analyses.<\/p>\n<p>\n\tThe above mentioned videos can be accessed via the FNArena Investor Education section at http:\/\/www.fnarena.com\/index2.cfm?type=dsp_minc_education)<\/p>\n<p>\n\t<strong>About ATW Australia<\/strong><br \/>\n\tFounded in June 2010, ATW Australia is a &ldquo;one-stop-shop for all a trader needs to succeed&rdquo;: quality education for new traders, superb advanced trading education, fast unfiltered data, a world-leading trading platform, customer oriented competitive brokerage, quality &lsquo;Made in the USA&rsquo; specialized trading computers, trading magazines, and the all-important psychological mentoring and coaching for traders. The trading educational products are provided by the Advanced Trading Workshop, Inc. in New York, all other services are provided by a network of partners that were chosen based on their superior products and services in their specific field of expertise. FNArena is one such partner.<\/p>\n<p>\n\tTo learn more visit www.advancedtradingworkshop.com.au.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ATW&#8217;s Jerry Simmons explains US equities are not by definition doomed, even though US Treasuries continue pointing into the direction of an ongoing correction for US equities.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[21,26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58296"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=58296"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58296\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}