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 To keep service free visit our advertiser Latest Head Lines Moderna, Appian Lead Nasdaq to Record Highs (Wed, 25 Nov 2020 21:32:00 +0000) The Nasdaq Composite (NASDAQINDEX: ^IXIC) had to deal with something on Tuesday that it hasn't encountered much in 2020: standing on the sidelines and watching other major market benchmarks hit new record highs. Shares of Moderna were higher by 11% on Wednesday. The European Commission agreed to buy 80 million doses of Moderna's vaccine, with an option to buy up to 160 million doses. US STOCKS-S&P 500, Dow pull back from all-time closing highs after grim jobless data (Wed, 25 Nov 2020 21:13:22 +0000) The S&P 500 index closed lower on Wednesday as mounting U.S. layoffs in the wake of new mandated lockdowns to contain surging COVID-19 infections dampened investor risk appetite. The index and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week. Pandemic-resilient tech and tech-adjacent market leaders helped keep the Nasdaq afloat. US STOCKS-S&P 500, Dow retreat from record highs after bleak jobless data (Wed, 25 Nov 2020 19:17:39 +0000) The S&P 500 and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week. Pandemic-resilient tech and tech-adjacent market leaders helped keep the Nasdaq afloat. "Days like we're seeing today on the heels of strong growth is a response to the ebb and flow of the market," said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. Fisker, Nordstrom Drive Higher as Stock Markets Pause (Wed, 25 Nov 2020 17:10:00 +0000) The stock market took a pause on Wednesday morning, giving up a small portion of the gains that took the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) to record heights on Tuesday. Citi also likes that the company's debut vehicle, the Fisker Ocean, is an SUV. US STOCKS-S&P 500, Dow dip from record highs as labor market recovery slows (Wed, 25 Nov 2020 16:58:01 +0000) The S&P 500 and the Dow retreated from record highs on Wednesday as a surprise rise in weekly jobless claims added to signs the recovery of the labor market was stalling amid a surge in COVID-19 infections. The Labor Department's report showed initial claims for state unemployment benefits last week increased to 778,000 from 748,000 in the prior week. Last Post of Before the Bell   Archive Stock Market Day Trading strategy - Opening Bell recommendations