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Daily stock market support | resistance | trend forecast - Opening Bell

 
Employment Situation - Day trading alert
Patel (9/4/2009 3:09:08 AM)

Today day trader need to watch Employment Situation, 1993 our nearest resistance and major strong resistance zone 2030 – 2050 and for down side watch 1971 Nasdaq moving with weakness in

rate of change (ROC) and relative strength index (RSI) for short term.

Below 1971 day trader can enter short with target 1954 / 1932 with 5 point stop loss, and above 1993 day trader can enter long with target 2028 / 2036

Above 2036 our next strong resistance is 2050. Using this support and resistance forecast, plan your day trading or Stock trading strategies.

For Stock investing or Day trading you need to keep eye on strong Support | resistance

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Daily stock market support | resistance | trend forecast - Opening Bell,Index,ETF,stock trading,day trading, penny stocks,stock research,401k

Latest Head Lines
Stock market news: October 15, 2019
(Tue, 15 Oct 2019 19:30:30 +0000)
Stocks rose Tuesday as some of the first major corporate names began delivering third-quarter results. Meanwhile, investors continued to monitor signs that President Donald Trump’s “phase one” trade deal with China would materialize.
Dow rises closer to record on good start to corporate earnings season
(Tue, 15 Oct 2019 19:10:00 +0000)
U.S. stocks rise Tuesday as the corporate earnings reporting season gets under way and investors weigh the implications of a partial U.S.-China trade deal.
Dow Jones Jumps, Led By UnitedHealth, JPMorgan; Nvidia Surges, But Is It Still A Buy?
(Tue, 15 Oct 2019 19:01:11 +0000)
The Dow Jones, S&P; 500 and Nasdaq composite were up more than 1% in afternoon trading Tuesday, as third-quarter earnings season got underway in earnest.
Bank of America declares “the end of the 60-40” standard portfolio
(Tue, 15 Oct 2019 18:47:00 +0000)
Investors have long been told that the ideal portfolio should carry 60% of its holdings in equities and 40% in bonds, a mix that provides greater exposure to historically superior stock returns, while also granting the diversification benefits and lower risk of fixed-income investments. “The relationship between asset classes has changed so much that many investors now buy equities not for future growth but for current income, and buy bonds to participate in price rallies,” Harris and Woodward wrote.
The Dow Is Rising Because Everything Is Coming Up Roses
(Tue, 15 Oct 2019 18:46:00 +0000)
The euro and the pound were surging, and the Dow was also getting a boost from earnings and positive trade headlines.
Last Post of Before the Bell
Today day trader need to watch Employment Situation, 1993 our nearest resistance and major strong resistance zone 2030 – 2050 and for down side watch 1971 Nasdaq moving with weakness in
Today day trader need to Factory Orders and FOMC Minutes, 1993 our nearest resistance and major strong resistance zone 2030 – 2050 and for down side watch 1967 Nasdaq moving with weakness in
Today is a economic indicator released day, so day trader need to watch Motor Vehicle Sales, Goldman Store Sales, Construction Spending, Pending Home Sales Index, to me Pending Home Sales Index is important, so for day trading
Yesterday Nasdaq hit 20 day moving average and bounce back from there, still for today also our support and resistance are same as yesterday, Nasdaq looking some strong reason to go up or down and again
Yesterday Nasdaq stay side way and looking for some strong reason to go up or down and again distribution going on. Today day trader needs to watch GDP,
 

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