Technical Analysis S&P500 August 22 2011 unitedfinancialplanner.com
The recent chart action on the S&P500 is very similar to the chart action on the weekly chart back in 2008.
The similarities include:
Come off a a reasonably long bull run
Penetrated the 200 day moving average
Action on above average volume
The lessons we should learn from 2008 is:
Market traded in a horizontal channel for about 2 months before going [...]
S&P 500 - Up Channel is not Broken
The S&P500 managed an up day on Friday, the 25th, after a DOJI close on Thursday.
This means we have not broken the up channel at this time.
We are currently sitting at the 50 moving average.
S&P 500 9/5/10
The S&P 500 closed up Friday, September 3, above the resistance level of 1,100. If the SP500 can hold this resistance, the next level of resistance is the 200 day moving average of 1,120 and then 1,140.
The resistance at 1,140 is also the right shoulder of a head and shoulders patter, which has not been [...]
The Ultimate Guide on How to Build a Portfolio of Losing Stocks
The traditional behavior of rookie investors normally results in a portfolio of under performing stocks and unrealized losses.
How does the average rookie investor end up with a portfolio of losing stocks? The following is scenario that typically plays out. See if you can identify the potential problems with this stock trading system.
You select 6 stocks [...]
Top Stocks Pick: Pre-Market:-Apple Inc AAPL Stock Technical Analysis
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Where can I find stock technical analysis? | Investing questions …
Where can I find the best stock technical analysis on the web?
Top Stocks Pick: Research In Motion Limited RIMM Stock Technical…
Research In Motion Limited RIMM Stock Technical Analysis. Research In Motion Limited RIMM Resistance, pivot & Support Levels - 05/17/2010. Resistance levels: $69.03, $68.07, $67.11. Pivot point: $65.82. Support levels:$64.82, $63.57, …
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Volatility Still The Story: Continued Correction (From Bloomberg)
By: World Market Media
No matter the size of the fund you manage these gyrations make the summer weeks long. Few truly understand how to trade markets successfully, and one days gains - are tomorrows losses. Managing money is an odd occupation because the game never ends…you only keep score and add or subtract money. Volatility is [...]
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