Well it has been a tough day on the markets today, with the NASDAQ-100 and the DJ Transports down over 3%, and the SP-500 and Russell 3000 down 2.38% and 2.5% respectively.

It still surprises me how well technical analysis works.

I posted a market update on March 30th (flagging the start of a negative divergence), April 27th (reinforcing the divergence) and on May 2nd stating “The significant update is that now the  divergence of RSI 14 with a moving average of 14 on a daily chart is significantly negative for both the  DJ-30, SP-500 and the Russell 3000.”   The May 2nd Article is here

So I did try to warn you.

Liberated Stock Trader PRO Training Course will be launched next week.

The Liberated Stock Trader PRO Training & technical analysis course will be released hopefully next week.  What a mammoth task it has been.  But I am pleased to be able to share with you that the course will include
1. The Liberated Stock Trader Book
2. 16 hours of on demand video in high quality
3. Liberated Stock Trader PRO Mobile edition for the iPhone and iPod Touch
4. Exclusive workshops to support the training

I am really excited about it and I will be pleased to finally free myself from the shackles of my desk and take a brief break from writing, recording and teaching.  No one told me that writing a book would cause me to gain weight.  I need to start exercising again

I will keep you updated.

Final word.

Volume has been increasing significantly since the start of April and the market is starting to turn down.  As we know, price decreasing on higher volume is bearish, so now may be a good time to take a break and save your capital for the next move up in the market, whenever that comes.

To your success !