| The indexes have so far been grinding lower while bouncing just enough to relieve oversold conditions. Can they put in a good bounce, or do we need some hard selling first? The Dow and S&P (first two charts below) continue to flirt with falling support. If those supports break cleanly, with a close below 7825 on the Dow and 825 on the S&P, selling could pick up. To the upside, 7950 and 8000 are resistance on the Dow, and 845 on the S&P. The Nasdaq (third chart) has resistance at 1300 and 1315-1320, and support at 1263-1273 and 1220. The high close today in the equity-only put-call ratio appears to be mostly genuine, with a preliminary reading of 1.0. That's a plus, except for the fact that it came on a down day for the VIX, the options volatility index, which suggests that there could be short covering occurring, or just not the level of fear we'd like to see. But in the short-term, we'd have to label that one a positive. Technical Analysis: Saddams seizure puts 4,400 in sight | New Model ::
In return we would expect lower oil and gold prices as the unrest monitor Continue your research More on Citywire. Technical Analysis: be prepared for
http://www.citywire.co.uk/adviser/-/news/market-and-shares/content.aspx?ID=253795HOME |
 Small caps post mild gain after mixed data response - SmallCapInvestor.com::
the Russell 2000 index for SmallCapInvestor.com and writes a weekly technical analysis column. Mild early slip for the Russell. Lower start on tap as
http://www.smallcapinvestor.com/smallcapnews/todaystrading/2008-0after_mixed_data_responseHOME |
Research Page::
Daily Technical Analysis. Strategy of the Day. The Week Ahead. Weekly Strategy 1159GMT grind lower continues and downside remains while below 0.8650, sees
http://ssl.efxnow.com/WEBCLIENT/RESEARCH/researchPage.aspx?page=Dalysis&Brand=XXXX&Lang=ENHOME |
Don't miss the Company of the Week - every week - at http://www.wsrn.com/COW/.
Special report: For a free introduction to technical analysis and chart patterns, visit http://www.internetstockreport.com/guest/article/0,1785,2571_5/00051,00.html. Pinnacle Resources LP: Technical Market Update for Monday morning..::
The markets opened lower, consolidated through the mid-session, fell through advancing and will likely only grind higher, while momentum in GOLD stocks
http://www.amex.com/newsDetails/CmnNewsDet.jsp?id=XpressFeed_NewsDetails_1070878530402.htmlHOME |
Safe Haven | Stay Irrational, Stay Solvent::
This is why technical analysis is crucial, since it provides the much needed Bullish divergence continues to churn away as we grind ever lower on the panic meter.
http://www.safehaven.com/showarticle.cfm?id=1150HOME |
 Stocks Gain On Iraq News
 Intel Co-Founder Wants to Delay 'Forever' |
Technical Analysis: The Grind Lower Continues