Lots of put buying again today, a plus for the bullish case. On the other hand, the financials (first two charts below) look genuinely bearish and can't seem to get up off support. Which side will win? If the banks break support, the odds favor September living up to its reputation as the worst month of the year. On the positive side, a new closing high in the Nasdaq (third chart) bolsters the bullish case, although it's hard to make too much of it given the very light volume. Resistance is 1800 and 1812, and support is 1776, 1750 and 1730. The S&P 500 (fourth chart) has support at 987-990 and resistance at 1010-1015. The Dow (fifth chart) faces resistance at 9352-9361, followed by 9450 and 9470-9500. Support is 9270 and 9190. Comdollapalooza! | Forex Blog: Playing with ComDolls:: taken into consideration into your technical analysis for a longer term short position. in the Greenback, we see the pair about to test 1.03 once again. http://www.babypips.com/blogs/playing-with-comdolls/comdollapalooza.htmlHOME |
Skype Journal: Analysis Archives:: Ive put together two quick charts on a rough timeline to share Skype PR Yesterday there was a good, educative session once you stripped away the slideware. http://www.skypejournal.com/blog/archives/news/analysis/HOME |
Decision Time for Gold and the Dollar:: The epic struggle between the dollar bears and bulls is in full force once again. is an excerpt from the technical analysis portion of the monthly Resource http://news.goldseek.com/GoldSeek/1215529170.phpHOME | DTAnalysis | Welcome to the world of Dow Theory Analysis SAC, a company :: Once stocks fully reflect the worst possible outcome, the cycle begins again. Technical analysis is an art form and the eye grows keener with practice. http://www.dtanalysis.com/dow.phpHOME |
SGI to Slim Down Workforce... Again
Bernstein Grows Cautious
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