{"id":58949,"date":"2011-10-06T09:59:11","date_gmt":"2011-10-05T22:59:11","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/10\/06\/potential-for-trend-reversal\/"},"modified":"2011-10-06T09:59:11","modified_gmt":"2011-10-05T22:59:11","slug":"potential-for-trend-reversal","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/10\/06\/potential-for-trend-reversal\/","title":{"rendered":"Potential For Trend Reversal"},"content":{"rendered":"<p>\n\t<span><span><span>FNArena<\/span><\/span><\/span> has added another video to its Investors Education section on the <span><span>website<\/span><\/span>. In this week&#039;s video broadcast, <span>ATW&#039;s<\/span> Jerry Simmons zooms in on the widely covered key technical support levels for US equities. Simmons points out there&#039;s an exhaustion Fibonacci alternate target for the S&amp;<span>P500<\/span> mini-futures in the 1094 area. He suggests a breakout above 1114.50 is needed to confirm a trend reversal for US equities.<\/p>\n<p>\n\tIn line with his analysis for US equities, Simmons suggests we might be about to witness a &quot;climatic bullish wave&quot; for the euro. A breakout above 1.34 is needed for confirmation. There is, however, potential for a new major low in AUD\/USD in the meantime.<\/p>\n<p>\n\tSimmons observes copper is now off its lows. The red metal needs to break above US$3.37\/lb to confirm a reversal in trend is now in place.<\/p>\n<p>\n\tTo view the <span><span>ATW<\/span><\/span> Strategic Prep Video click <a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_front_videos&amp;vid=57\">HERE<\/a> or visit the <span><span>FNArena<\/span><\/span> Investors Education section of the <span>website<\/span>.<\/p>\n<p>\n\tHere&#039;s the direct link: <a href=\"..\/index4.cfm?type=dsp_front_videos&amp;vid=57\">http:\/\/<span>www.fnarena.com<\/span>\/<span>index4.cfm<\/span>?type=<span>dsp_front_videos<\/span>&amp;<span>vid<\/span>=57<\/a><\/p>\n<p>\n\tAll views expressed are Jerry Simmons&#039;s, not <span>FNArena&#039;s<\/span> (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; <span>Programme<\/span> within the education system at New York based Advanced Trading Workshop (<span>ATW<\/span>).<\/p>\n<p>\n\t<span>FNArena<\/span> 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 <span>analyses<\/span>.<\/p>\n<p>\n\tThe above mentioned videos can be accessed via the <span>FNArena<\/span> Investor Education section at http:\/\/<span>www.fnarena.com<\/span>\/<span>index4.cfm<\/span>?type=<span>dsp_front_videos<\/span>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ATW&#8217;s Jerry Simmons zooms in on potential trend reversals for risk assets.<\/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":[23,29,26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58949"}],"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=58949"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/58949\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=58949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=58949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=58949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}