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mwchong

20091120 1452 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 20th 2009 by mwchong

Correction took place on the DJIA yesterday pushed it down 93.87 points to closed 10332.44 with higher volume traded. Despite closing lower, Bollinger band reading still suggest an upward movement market. However, seller aggressiveness forced MACD read more

houa0001

Stock Market Analysis: 11/19/2009

Anomalous Material - Movie Blog | November 19th 2009 by Castor

Indexes opened significantly lower after overnight weakness and sellers were out in full force this morning. The Russell 2000 (-2.49%) and financial sector (-1.94%) lead the way down today but the market drifted higher from the 11AM market lows for a read more

mwchong

20091119 1755 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 19th 2009 by mwchong

The Dow ended down marginally 11.11 lower to closed at 10426.31. Chart wise, Bollinger band reading still suggest an uptrend movement market. However, the last 2 doji bar candle  and MACD Histrogram stayed nearly unchange give some hints that read more

WeeklyTA

BROADENING RISING WEDGE

WEEKLY TECHNICAL COMMENTARY | November 17th 2009 by John Lee

The pattern in focus is the broadening rising wedge. The rally continues, but this is an intermediate-term consolidation pattern, one that may not have been clearly visible to most people.I continue to see the lack of follow-through and so far, intra read more

jrozen

Crude Oil rallies on strong equities, and weak USD

Explaining the Dow Jones Industril Average | November 17th 2009 by Jack Rozen

Crude Oil prices gained over 3% Monday, as the major US market indices rallied and touched a new 2009 high. Light, sweet Crude Oil for December delivery rose US$2.55, or 3.3%, to settle at US$78.90 bbl on the New York Merc. US stocks rose, with the read more

wwwkhris

Cresterea bursei americane privita din perspectiva istorica

Un blog cu atitudine | November 16th 2009

De la minimele atinse in martie, indicele Dow Jones Industrial Average (DJIA) a crescut cu aproape 60%, ceea ce poate parea spectaculos la o prima vedere, insa privita din perspectiva istorica, aceasta crestere se situaza sub medie, atat ca durata, read more

mwchong

20091113 1618 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 13th 2009 by mwchong

Finally the long waited pull back effect took place yesterday after a 6 straight days up resulted the Dow to end down 93.79 to closed at 10197.47. Yesterday black bar candle closed above mid Bollinger band with the band width continue expanding = m read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.12.09

POSSE Trader's Blog by FINZ.tv | November 12th 2009 by FINZ.tv

Per David Elliott : Yesterday played out about how we expected. The DJ-30 hitting out upside trendline target of 10340 area. And the SP-500 and QQQQ making double tops; With the IWM, Russell 2000, failing the daily 50 Simple moving average, SMA. Thi read more

mwchong

20091112 1625 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 12th 2009 by mwchong

The Dow closed marginally higher yesterday at 10291.26 up 44.29 forming a shoting star doji bar candle. Price closed near the upper Bollinger band level and the band width expanding together with MACD Histrogram rising, all sending bullish signals read more

mwchong

20091111 1640 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 11th 2009 by mwchong

The Dow advanced marginally higher to closed at 10246.97 up 20.03 points forming a doji bar candle right at the upper Bollinger band with the band width continue to expande = the uptrend is still intact. MACD Histrogram also continue to edge up hig read more

vlogolution

Martin Armstrong on Market Predictions and Objective vs Subjectiv…

moMONEY Video Blog | November 11th 2009 by vlogolution network: HotRoast - PassMeThePork - moMoneyTV - blog and videos

Martin Armstrong is the author of the Economic Confidence Model based on an 8.6 year business cycle theory inspired by the work of Nikolai Kondratieff.  The cycle once again accurately predicted the peak of the last economic cycle years in advanc read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.10.09

POSSE Trader's Blog by FINZ.tv | November 10th 2009 by FINZ.tv

Per David Elliott : MONDAY, NOVEMBER 9TH¡¯S MARKET UPDATE. Friday I said, My reversal of a bear position, at this time, would be a move over Thursday’s Index highs. So we made new highs Friday without correcting back to our breakdown targets read more

jrozen

Global markets eying new Y 2009 highs

Explaining the Dow Jones Industril Average | November 10th 2009 by Jack Rozen

Global markets across a basket of assets are poised to challenge new highs for Y 2009, after a strong rally on Wall Street took the DJIA to a new high and a weak USD convinced investors into making riskier bets. European exchanges were predicted to s read more

wallstreetoasis

If You're Gonna Be a Bear...

Wall Street Oasis | November 10th 2009 by Patrick

Most of you have figured out by now that, while I am never without an opinion, I very rarely recommend specific trades on this site. This is for several reasons, not the least of which is the fact that I don't know any better than anyone else what t read more

DJIA Market Wrap 8 November

short-term trading | November 9th 2009

The 60-minute trend is positive according to the force index indicator. %b has printed a slightly negative divergence. On Monday morning prices will open up on a gap that will test previous high. The Dow is also doing much better than the Nasdaq in read more

mwchong

20091109 1628 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 9th 2009 by mwchong

The Dow ended 17.46 higher to closed at 10023.42. Daily chart wise, all indicators giving a positive view except the volume traded is relatively low. The next immediate target for Dow rest at 10120 resistant level. At last looked, major European ma read more

WeeklyTA

INDEX UPDATE: NEUTRAL-BEARISH

WEEKLY TECHNICAL COMMENTARY | November 9th 2009 by John Lee

Currently neutral-bearish. My sentiment has not changed and I believe the correction may take a while, but that's just my thoughts. What are we looking for?SPX - The 20-day MA test continues with a possible H&S pattern developing. The criteria is read more

SanDiegoDave

Nov 2-6: Dow, NASDAQ Up Over 3%; Solar Almost 2%

Solar Advice for Free | November 6th 2009 by David Brands

Solar holding its own...MarketWatch reported today says a surge in GE stocks helped the DJIA go above 10,000 again after a two-week losing period. Week's end closing showed the Dow up 3.2% and NASDAQ up 3.3% while solar stocks in the 20SSI gained abo read more

mwchong

20091106 1644 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 6th 2009 by mwchong

Returned of the King! Wall streets shows its supremacy yesterday with a strong march forward to closed the Dow 203.82 higher at 10005.96 leading the world major market to trade higher today. Seems like there are some lights at the end of the tunnel read more

dowlive

Dow Jones historic 10000 repetition

Dow Jones Live report | November 5th 2009

Dow Jones Live report. If the Dow conquers 10000 we will have broken a important psychological breakpoint. The first time the Dow closed over 10000 was March 29, 1999 during the Clinton bull period. The next major Dow Jones 10000+ close was December read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.05.09

POSSE Trader's Blog by FINZ.tv | November 5th 2009 by FINZ.tv

Per David Elliott : Yesterday saw most, if not all, our upside targets hit for the Index markets as well as for our stock targets. The SP-500 and the QQQQ, both retested their 50 SMA and failed. We call that price pattern an IHF, “Ice Hole Fai read more

mwchong

20091105 1842 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 5th 2009 by mwchong

The Dow advanced marginally to closed at 9802.14 up 30.23 point. Market did reacted to the Fed unchanged key interest rate announcement by hitting the high at 9928.04 but the bullish sentiment didn't last long with last hour selling activities pres read more

WeeklyTA

BEARISH / THE TRLG TRADE

WEEKLY TECHNICAL COMMENTARY | November 4th 2009 by John Lee

Yesterday's big trades were in TRLG for me. It wasn't like the day before where I absolutely killed it, but nonetheless, I managed to hit TRLG twice and profit twice. The diagram of trades taken is pictured below. The green squares are short entry po read more

mywealth

Is the Dow Over-Valued?

My Wealth.com | November 4th 2009 by Sean Hyman

  What’s The Fair Value for Dow Jones Industrial Average (DJIA)?   This week the market is all gloom and doom. PIMCO’s Bill Gross thinks that the Dow’s fair value should be 7,000.   GMO Chairman Jeremy Grant read more

FINZtv

Today’s Stock Market Commentary 11.04.09

POSSE Trader's Blog by FINZ.tv | November 4th 2009 by FINZ.tv

Per David Elliott : The market made the expected positive move for the SP-500 and QQQQ, with the DJ-30 closing down just 17 points. It was mostly a quiet choppy day for the day traders. I am still very short term, tentative, bullish. As I believe we read more

mwchong

20091104 1654 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 4th 2009 by mwchong

The Dow ended the day with a doji bar candle to closed at 9771.91 down marginally 17.53 points. Traded mostly side way range bound through out the day as not fresh leads the market direction. All indicators on the chart are sending a side way range read more

mwchong

20091103 1652 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 3rd 2009 by mwchong

Indeed, the Dow did recovered some of the last Friday panic losses to closed 76.71 higher at 9789.44. Daily chart wise, the Dow formed a doji bar candle that closed below the mid Bollinger band = bearish sentiment still haunted the market due to pr read more

FINZtv

Today’s Stock Market Commentary Per David Elliott 11.02.09

POSSE Trader's Blog by FINZ.tv | November 2nd 2009 by FINZ.tv

Per David Elliott : Friday saw the dip we were expecting, BUT it was far bigger than I expected. Fact is it reversed all of Thursday’s market pop and making a new low for the last two weeks for the DJ-30, QQQQ, and SP-500. YM futures on the DJ read more

MoneyEnergy

Stock Market Investment Outlook November 2009

MoneyEnergy | November 2nd 2009 by MoneyEnergy

Last Friday, the final trading day of October 2009, saw triple-digit losses following the previous day’s excellent U.S. GDP numbers.  Are traders and institutional investors just taking money off the table for some profits?  Or will this be t read more

mwchong

20091102 1623 DJIA EOD Daily Chart Study.

FKLI and FCPO Futures Corner - Bursa Malaysia | November 2nd 2009 by mwchong

Seems like another old critical illness send Uncle Sam back to the hospital for medical attention right after discharged from the hospital. Ended at 9712.73, down 249.85 as the same old fear come back to the market with CIT filling for chapter 11 p read more