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Nasdaq and Dow Jones Consolidate
Nasdaq and Dow Jones consolidate after a strong rally
Continue reading...Strong Breakout on the Downtrend channels
2. September 2010
The Dow Jones, the NASDAQ and the S&P 500 were able to breakout above the downtrend channel. They’re all now on an important resistance area represented by the 50 days Moving average.
Continue reading...Nice Rebound but the mixed signals remain
26. August 2010
After another weak start, the markets reversed and closed the day with gains. The Dow Jones closed at 10,060.06 (+19.61), the NASDAQ closed with 0.84% gains and the S&P 500 with 0.33% gains.
Continue reading...Key Levels on the short term
19. August 2010
Currently the market is not trading in any particular direction. The outlook seems bullish thanks to the inverted head and shoulders we have on all the daily charts, but the pattern is confirmation appears only if the markets break above the neckline.
Continue reading...Stock Market Update
18. August 2010
The NASDAQ, the Dow Jones and the S&P500 all remain in an inverted head and shoulders that points to a rally soon.
However all the Indexes are currently struggling against major resistances so we need some more buying pressure to confirm the analysis.
Mixed Signals in Nasdaq
13. August 2010
Nasdaq currently gives mixed signals. The bullish theory, the bearish theory and what should happen in the near future.
Continue reading...
29. November 2010
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