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Archive - Stock Market Day Trading strategy - Opening Bell

3/31/2009 3:00:43 AM Stock market forecast with resistance | Support | trend for day trading | investing ( 3/31/2009 3:00:43 AM )
Looks like NASDAQ index started another down leg for confirmation it need to close below 1457. Today you need to watch 1517 now it become a strong resistance and 1488 is a strong support below that
3/29/2009 10:50:02 PM Stock market resistance, support and trend forecast for day trading ( 3/29/2009 10:50:02 PM )
Last Friday NASDAQ index started down move with high volume after hitting our strong resistance. Today you need to watch 1510, now it become strong support below that
3/26/2009 2:50:51 AM Stock market forecast for Stock trading | day trading ( 3/26/2009 2:50:51 AM )
Today you need to watch GDP and Jobless Claims due at 8:30, both are very important indicator of economics health and that going to give next Stock market move so plan your day trading | Stock investing strategy very carefully.
3/25/2009 1:37:31 AM Daily Stock market forecast with support | resistance for day trading ( 3/25/2009 1:37:31 AM )
Yesterday NASDAQ index pull back from our weekly resistance level 1553. for today up side resistance is 1553/1577 / 1593 and that are strong resistance.
3/24/2009 1:15:01 AM Daily Stock market forecast ( 3/24/2009 1:15:01 AM )
Yesterday NASDAQ index jump up like crazy and close little above our weekly resistance level 1553. If today it keeps its trend then our up side target is 1577 / 1593, here you can close your long position and enter short with 20 point stop loss. Today you need to watch 1577/1593, that’s our next strong resistance.
3/23/2009 1:51:39 AM resistance, Support and trend forecast for day trading | investing ( 3/23/2009 1:51:39 AM )
Last Friday NASDAQ index started down move after hitting our strong resistance. Today you need to watch 1440/1431, now it become strong support below that
3/18/2009 2:02:27 AM Unexpected housing data pull Stock market up - How long ? ( 3/18/2009 2:02:27 AM )
Today Nasdaq Index breakout our strong resistance 1445, that indicating nasdaq looks ready to hit our up side resistance 1489/1550. For that it need to clear 50 day MA near 1473.
3/17/2009 1:00:40 AM Watch for Alcoa - Support resistance and trend forecast for day trading | Stock trading ( 3/17/2009 1:00:40 AM )
Alcoa declare 82 percent dividend cut and will reduce its quarterly dividend to 3 cents per share from 17 cents. In after hour trading its share price drop 71 cents or 11.6% and Alcoa is a Dow component with
3/16/2009 3:35:58 AM resistance, Support and trend forecast for day trading | Stock trading ( 3/16/2009 3:35:58 AM )
Last week NASDAQ index started oversold relief up move and now closer to strong resistance. This week is a option expiration so be careful. Today you need to watch 1407, for short term it become important support below that
3/13/2009 2:26:06 AM Rebounded Stock market closer to strong resistance ( 3/13/2009 2:26:06 AM )
Again yesterday NASDAQ index jump up like craze!! And close near 200 day SMA 1439 that’s our closet strong resistance and above that 1454 is a high supply zone, here you can close your long position and enter short with 10 point stop loss.
3/10/2009 2:33:43 AM Daily Stock market forecast:-resistance, Support and trend forecast for day trading | swing trading | investment | Stock trading |Stock investing in Stock market ( 3/10/2009 2:33:43 AM )
Yesterday NASDAQ index hit our resistance zone and bounce back to support 1269, still for today 1269 is our important support. Today again you need to watch 1269, below that
3/9/2009 1:51:17 AM Daily Stock market forecast:-resistance, Support and trend forecast for day trading | swing trading | investment | Stock trading |Stock investing in Stock market ( 3/9/2009 1:51:17 AM )
Last week NASDAQ index breakdown our important support 1347 and keep down move continuous as stated. Today you need to watch 1269, for short term it become important support below that
3/4/2009 1:46:04 AM Daily Stock market forecast :-resistance, Support and trend forecast for day trading | swing trading | investment | Stock trading |Stock investing ( 3/4/2009 1:46:04 AM )
Yesterday NASDAQ index stay range bound and closed below our strong support 1347 that telling us today again Stock market trend expected downward. Today you need to watch Beige Book, due at 2:00 ET. For today 1345 is our important resistance. If Nasdaq Index goes above that I like to close my short position.
3/3/2009 1:35:15 AM Daily Stock market forecast :-resistance, Support and trend forecast for day trading | swing trading | investment | Stock trading |Stock investing ( 3/3/2009 1:35:15 AM )
Monday NASDAQ index come down as per our expectation, and closed below our strong support 1347 that telling us today again Stock market carry on down move. Today you need to watch Pending Home Sales, due at 10:00 ET and Motor Vehicle Sales. For today 1345 is our important resistance. If Nasdaq Index goes above that I like to close my short position.
3/2/2009 1:56:23 AM Daily Stock market forecast :-resistance, Support and trend forecast for day trading | swing trading | investment | Stock trading |Stock investing ( 3/2/2009 1:56:23 AM )
Last Friday NASDAQ index started another down leg. Today you need to keep eye on ISM Mfg Index and Construction Spending, both are due at 10:00 ET. For today 1345 is our important support from there


 

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