The Big Picture | Technical Review – DOW JONES TRANSPORTATION INDEX:: here and possibly heading back for a retest of that up trend Technical Analysis from A to Z - FUNDAMENTAL ANALYSIS - Yahoo Profile. Hoovers Online http://bigpicture.typepad.com/comments/2006/11/technical_revie.htmlHOME |
The Dow and S&P (first two charts below) found support today near their recent lows, and on declining volume too. So was today just a retest of the lows? The market needs to bounce soon, or it could be just a consolidation in a downtrend, with more downside to come. Perhaps Monday will see stronger upside; Fridays have been nervous days in the market for some time. Sentiment continues to look good among options traders. To cement a bottom, the recent highs would have to be taken out — that would be 9954 on the Dow, 1079 on the S&P, and 1808 on the Nasdaq (third chart below). The Nasdaq needs to hold 1750 support; if that goes, 1737 and 1685-1700 come into play. Resistance is 1770-1775, 1787 and 1800. The S&P has resistance at 1067-1070, 1075-1076 and 1079, and support is 1050-1060. Below 1050, 1030 and 1015-1018 would come into play. The Dow has support at 9783, 9750, 9700 and 9650, and resistance is 9852-9858, 9900 and 9954. ClearStation:: Cool tools for finding that it takes a rest for a bit off of this failed retest Oil sector due for a bounce.Im back in fully after taking http://clearstation.etrade.com/HOME | Technical Stock Analysis, Historical Data, Trends & Small Cap Market :: Insights > Technical Analysis Russell 2000: Retest highs or spiral Technical Analysis. Top 10 Oil & Gas Stocks. Stock Research. Small Cap http://www.smallcapinvestor.com/smallcapinsights/technicalanalysisHOME |
Trader Dans Technical Analysis and Commentary on Gold:: Trader Dans Technical Analysis and Commentary on Gold. Recs. 4. August 08, Collin, the odds of gold retesting $1,000 in the next say 12 months are low. http://caps.fool.com/Blogs/ViewPost.aspx?bpid=77838&t=01006124249416869148HOME | Bottoms In! - Jack Steiman:: a new technical analysis and stock picking site, which is still under construction. wasnt as strong on the retest. Thats a positive divergence. http://www.advicetrade.com/Wizards/story.php?id=121HOME | Cyclesman s Market News & Views:: low that occurred with the March retest of the January low may ultimately prove like a reprint of my November 2001 article from Technical Analysis of Stocks http://www.cyclesman.com/HOME |
Dell Helps ... A Little
Benhamou to Resign as PalmSource Chairman
|