The Market's Line in the Sand

Adam Hewison has posted an interesting video on where he thinks the market is headed based on his study of the technical charts. He writes:

"To many technicians, it is very clear where the equity markets will reverse, and for those folks who don't follow the technicals, this is a key reversal area in the S&P 500, the NASDAQ, and the Dow."

"Currently the major trend remains positive for all the indices and we would only become negative on the these markets should the key levels I show you today, are broken."

You can see Adam's video here.