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Tue, 11 Aug 2009 01:17:09 GMT
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Day trading alert FOMC announcement
( Tue, 11 Aug 2009 01:17:09 GMT )
Yesterday Nasdaq started down movement but it’s not able to reach closer to our strong support 1964 that indicating there are strong buying power but due to over bought condition and strong supply zone near 2030 Nasdaq not able to go more up it means
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Mon, 01 Jun 2009 00:44:22 GMT
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Market eye on Factory Orders, Consumer Credit
( Mon, 01 Jun 2009 00:44:22 GMT )
This is a third month in a row market gain and close above 200 MA, Last whole month bull and bear fight near 200 MA and still new trend is undecided. Hopefully this week market gives us clear indication about new trend. As per daily chart, market due for correction and possibly that start with unemployment data.
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Tue, 26 May 2009 00:28:45 GMT
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Market eyes on Housing data and GDP
( Tue, 26 May 2009 00:28:45 GMT )
Last week bull and bear fight at 200 MA but bull fail to pull above previous week high finally bear wins and market close below 200 MA, rate of change – roc telling us market loosing steam and expected down move that you can confirm using support 1664 breakdown.
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Mon, 11 May 2009 00:30:46 GMT
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Market looking boost in Retail Sales, consumer sentiment
( Mon, 11 May 2009 00:30:46 GMT )
Last week market opens firm and move ahead and cross 200 MA, after hit 1773 it bounce back like crazy and close below 200 MA that’s not good sign at this stage because 200MA offering strong resistance. As per employment report it’s looks little bit batter but if you looks percentage wise it’s a real bad 8.9% with this much unemployment how consumer spending increase?
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Mon, 04 May 2009 01:18:08 GMT
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Stock market radar on Employment Situation
( Mon, 04 May 2009 01:18:08 GMT )
Last week market opens with big down gap due to reports of a swine flu but that all loss recover and market close positive. FED is optimistic about economy and weekly job data comes better then expected that boost market and again major company results beating expectations or less weak than predicted.
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Mon, 27 Apr 2009 02:06:05 GMT
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Be ready to ride with FOMC decision
( Mon, 27 Apr 2009 02:06:05 GMT )
FOMC Meeting Announcement on Wednesday Apr 29, Be ready to ride to stock market new trend. FOMC policy straight affect economy so market looking each and every word to get direction. For day trading it’s a great day only need to keep tight stop loss and spot right trend. FOMC policy change is going to give market new trend that can be up or down. Stock market is very sensitive about FOMC policy so market expected in begging of week in side way.
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Mon, 20 Apr 2009 02:24:12 GMT
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Market eyes on corporate earnings
( Mon, 20 Apr 2009 02:24:12 GMT )
This week you need to watch Bank of America (BAC), Texas Instruments (TXN), Caterpillar Inc (CAT), Apple Inc. (AAPL), Microsoft (MSFT ) their earning results are due and again economics data of Jobless Claims, Existing Home Sales,New Home Sales
and Durable Goods Orders are due.
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Mon, 16 Mar 2009 03:34:59 GMT
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Stock market forecast for trading with Support, Resistance and trend
( Mon, 16 Mar 2009 03:34:59 GMT )
Last week NASDAQ Index jump up and started oversold relief rally and Dow closed above 7200, daily chart telling us still strong down trend in force, Now this week 1407 is a very important support in any case if NASDAQ goes below this support you can do short sell to ride on down move with target 1321 and 1489 become a important resistance. Any move above 1441 can pull stock market up to 1489 and at 1489 you can enter short with 10 point stop loss.
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Tue, 17 Feb 2009 03:27:46 GMT
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Weekly Stock market forecast:-Resistance, Support and trend
( Tue, 17 Feb 2009 03:27:46 GMT )
Last week NASDAQ stay range bound in 1495 to 1598, Now this week again 1495 is a very important support in any case if NASDAQ breakout this support you can do short sell to ride on down move and 1617 become a important resistance. Any move above 1617 is an indication for short term up move strengthening and you can hold your long position. Stochastic, ADX and also Rate of change (ROC) telling possibly stock market stay rang bound between
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Mon, 09 Feb 2009 03:22:10 GMT
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Weekly Stock market forecast:-Resistance, Support and trend forecast
( Mon, 09 Feb 2009 03:22:10 GMT )
Last week NASDAQ stay range bound in 1460 to 1594, Now this week again 1440 is a very important support in any case if NASDAQ breakout this support you can do short sell to ride on down move and 1617 become a important resistance. Any move above 1617 is an indication for short term up move strengthening and you can hold your long position. Stochastic , ADX and also Rate of change (ROC) telling possibly stock market stay rang bound between
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Mon, 02 Feb 2009 01:52:02 GMT
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Weekly Stock market forecast:-Resistance, Support and trend forecast
( Mon, 02 Feb 2009 01:52:02 GMT )
Last week NASDAQ stay range bound in 1470 to 1568, Now this week again 1440 is a very important support in any case if NASDAQ breakout this support you can do short sell to ride on down move and 1537 become a important resistance. Any move above 1537 is an indication for short term up move with target 1616. Stochastic , ADX and also Rate of change (ROC) telling possibly stock market stay rang bound between
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