The Nasdaq (first two charts below) is approaching its 200-week moving average at 2128, a major resistance level. The techs have been in one tight trading range for the last week. First resistance is 2122-2125, and support is 2092-2095 and 2077-2080. The S&P (charts three and four) continues to be stopped at its broken December uptrend line. That resistance line should be at 1141 tomorrow. 1137 is first resistance and 1147 is major resistance, the 50-month moving average. Support is 1129, 1124.50 and 1120.90. The Dow (charts five and six) faces resistance at 10,600, 10,620 and 10,673, and support is 10,525, 10,500, 10,477, and 10,450. Technical Analysis Traders Wheel: swing trading tactics, tutorials and :: Then exit the trade immediately when price hits the fill level. The good news is that if the rally falls apart, weve already pocketed a big chunk of the move. http://www.hardrightedge.com/wheel/hreexit2.htmHOME |
CXOAG Investing Notes - Blog Synthesis: Some Trading Indicators:: Does a Long-Term Moving Average Indicator Predict Big Days? pharmacology offers a model for bringing technical analysis into the financial economics fold. http://www.cxoadvisory.com/blog/internal/blog-some-trading-indicators/HOME |
MarketWise Trading School - Online Trader Education School:: right only 30% to 40% of the time; use NASDAQs Level 2 screen to buy on the bid a day trading office -NASDAQ and NYSE strategies - basic technical analysis http://www.marketwise.com/MW_Book/HomeBook.aspHOME | Tucker Report The Big Move – When to Exit:: Technical Analysis and Daily Market Timing of Stock Indexes, Precious Metals, and more Gold in 1980 was a good case study, as was the Nasdaq blow-off in 2000. http://tuckerreport.com/articles/big-move/trackback/HOME |
The Money Blogs - Blogs All about money:: Nasdaq Approaching Upper Channel Of Uptrend. A Tale Of Two Markets Boucher On The Big Picture. Commodity Option Selling. Emini Technical Alerts. Fed Blame Game http://www.themoneyblogs.com/index.blog?tag=Nasdaq+CompositeHOME | Zignals blog: Psychology of a bottom without fearTrading Signals:: for the markets as oil prices approach a support level. Technical Analysis - Is it worth anything? Zignals Gets The International Press Talking http://zignalsblog.blogspot.com/2008/07/psychology-of-bottom-without-fear.htmlHOME |
Jumpin' Juniper
Big Blue Saves The Day
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