The Nasdaq (first chart below) is back in its familiar position of laggard after Friday's sell signal under Gerald Appel's Nasdaq/NYSE relative strength indicator. Some slight complacency has begun to creep into options indicators, but in general, we expect the path of least resistance to be up for the next couple of months. The Nasdaq faces resistance at 2565-2570, 2580 and 2595, and support is 2532 and 2500-2510. The S&P (second chart) faces tough resistance at 1513-1516, and support is 1498-1500, 1493 and 1490. The Dow (third chart) is running into some resistance at 13,400, and 13,250 is support. Bond yields (fourth chart) look set up for a breakout, but we'll how they respond to tomorrow's inflation data.
INO.com News - George Soros: Bank Of England Behind The Curve; UK ::
A technical analysis commentary of the major markets, only from INO. Futures Alert Of England Behind The Curve; UK House Prices Would Fall - Channel 4
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Responsible Nanotechnology: Falling Behind::
says: I was just out in Silicon Valley, checking in with high-tech entrepreneurs about the state of their business. I fall behind in medical technology to
http://crnano.typepad.com/crnblog/2004/04/falling_behind.htmlHOME |
analysis::
experiences with systems analysis will likely fall into this category. The concepts behind this exciting new strategy (and technology) are introduced here.
http://newton.uor.edu/Courses/SysAnaDes/analysis.htmlHOME |
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Technical Analysis: Techs Fall Behind