Forex Gold Market Watch

Showing posts with label Weekly. Show all posts
Showing posts with label Weekly. Show all posts

Friday, February 25, 2011

Weekly review of the Stockcharters: views on the MIA

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' Endless ' Rally end? Have the Stockcharters to add anything?
Robert New's TheInformedTrader looks for pullbacks when hitting 70. When such pullbacks find support when it reaches 50.


But when the alarm is strong, contusions RSI can remain expanded for weeks (and months).

2000 Russell will soon to highs of 2007.

No charts indexed by David Colletti, but lovers of breakouts will find something interesting in the list of graph (StockTradersHQ.com). Microsoft product activation (Grupo Financiero Gallicia s.a.) enjoys a great consolidation over $ 14.

Yong's Cobrasmarketview shows more Pan width is neutral decidely (and certainly not overboguht or toppish)

Yong engineering commercial model has struggled in recent falls.

Fund yields playing disables symmetrical triangle breakout-measured move destination even feature and a test of 40 test likely in the short term.

Richard Lehman from Channelist offers words of Wisdom/wisdom.
2/19--domestic shares, grows the balloon. Short-term trends remain completely intact, even after three months, with no correction. Small caps have groove back and large caps are back in the upper channel again long lines stochastic measures in upper limbs (i.e. overbought). The Fed Gets the entire country for a hot air balloon ride. You can have confidence that it knows how to land?
Elsewhere, China can quickly at the end of the bounce as we approached the line channels over the long-term, but gold is back on top of groove and oil (USO) is just starting to bounce.
Around the country, each Portfolio Manager is loaded with peeling now shares and try to get even more in their portfolios before the quarter ends next month. all thinking the same thing--ride the wave of Bernanke, but make sure you take before everyone else head for the exit. Sounds like a weak State?
2/11--Rise of the dollar hold gold and oil but doesn't seem to be able to bring stocks in the USA. However, others, such as China and India are not complete correction since November.
2/7--Large and small caps both accelerate upside on charts 5 min, but the large caps appear to have hit the lines on the hourlies. Stochastics in upper limbs and volatility is low. Strong position in rail, but technically, MAS shares are very extensive.
Also, USO hit the bottom line in the short term and is bouncing.

Has a chart that shows the Dow channel resistance (different from my take)

Michael Eckert of http://elliottwavetrendsandcharts.com offers a shrinking wedge with divergent technicals and a possible measured move EWT finish (integration-not a surge voltage).

A convergent coild playing also charted 60 minutes, S & P (this time a fifth wave over a wave trending)

Finally, Anthony Allyn of elliottwavehound.com also leads to a vertex 60 minutes in the S & P, but with a number of different wave.

Not quite what was said before the change.

from Declan Fallon (Fallond stock picks)


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you are here: home > articles > commentary > weekly review Stockcharters: views on the MIA

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Tuesday, February 22, 2011

Weekly market commentary: Breakout Nasdaq

It was another good week for bulls. Nasdaq was able eventually to break above resistance-2,818 virtualizes new support.
NASDAQ

via StockCharts.com
Nasdaq 100 continued to add breakout. Went well above and beyond the closest support and some 300 points a measured move. Can this be 2,700?
($ NDX)

via StockCharts.com
However, the daily rates are in overbought levels of Nasdaq. There are a lot of new stocks available for the support of the Acropolis.
($ BPCOMPQ)

via StockCharts.com
The most obvious, the percentage of Nasdaq stocks above 50-day MA bearish divergence. The peak in the low 60s from 2009 the percentage of Nasdaq stocks above 50-day MA is downwards at 63%. When it drops below 50% rapid reductions in market often as a result.
($ NAA50R)

via StockCharts.com
Small caps added a second week. Pulling off the flag bull continues to gain daily mobility.
($ RUT)

via StockCharts.com
The S & P were sufficiently good to add a percentage for the week.
($ SPX)

via StockCharts.com
The same bearish divergence play in market Nasdaq S & P. Summation index NYSE is just shy of resistance. Although a trigger ' buy ' was created with the support of MACD.
($ NYSI)

via StockCharts.com
And 89% can't get more daily S & P daily rates.
($ BPSPX)

via StockCharts.com
Acropolis is still very much in the game. While it is difficult to expect every week to be a winner who is going to be a tough Rally to break. Bearish divergences in supporting market range suggests a correction is likely to occur rather sooner rather than later. But this correction is unlikely to bring the wider trend higher. Cyclical bull market continues ...


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