Weakness in market today help keep the $NDX below 1500.00 on the weekly chart as intermediate resistance is found near that area. On the daily chart the $NDX opened at 1472.25 and reached a high of only 1476.98 before declining to a low of 1459.59. The closing candle is a dragonfly doji type candle. The 8 sma (1433.30) is the nearest target on the downward slide as the market move lower, also intermediate support could be found at that area as well going back to Oct 08 gap and the 50 sma (1420.79) area.
The QQQQ's traded similarly to the $NDX as it opened at 36.28 and reached a meger high of 36.37 and the low of the day is 35.93. The closing candle is a dragonfly doji as well. There is no mistaking the 36.50 possible intermediate resistance point on the upper end of the trading range and the possible intermediate 35.00 support point on the lower end...8 sma (35.30) next possible target as well. http://www.freetradingvideos.com/vlog/default.asp?category=1 On Apr 14, 8:58 pm, Dogon566 <[email protected]> wrote: > Today witnessed the markets give mixed signals the $VIXmoved lower as > the broad markets move side ways to close lower. > > http://www.freetradingvideos.com/vlog/default.asp?Display=946 > > On Apr 2, 4:38 am, Dogon566 <[email protected]> wrote: > > > > > We are at a critical jucture in the markets as the $VIXis moving > > sideways. It's not apparently clear which direction the markets will > > move in the next few trading sessions. I've elected to watch d-seven, > > matador and breakout trader's videos at their scheduled time slots > > tomorrow (mark to market comments) and the following day ( market > > reaction and or possible market direction). You're invited to join me > > as I'm certain the information gathered from the up coming video's > > will be of great benefit to your next trading > > decision.www.freetradingvideos.com > > > On Mar 16, 6:50 pm, Dogon566 <[email protected]> wrote: > > > > Interesting day in the markets. $SPX is trading into possible > > > resistance at the fib 38.2% (763.76) area closing with a possible > > > shooting star candle. If we close below the 750.00 mark tomorrow maybe > > > this will be the begining of the next down leg. > > > >http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p33248965... > > > > BTW.... videos for today... > > > >http://www.fibonacciqueen.com/public/650.cfm > > > >http://www.freetradingvideos.com/vlog/default.asp?category=1-Hide quoted > > >text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
