how do you see the dow index going today Dow Jones and S&P commentary: Signal Watch Dr Bob Hard Right Edge Raptor Research Charting by Snoball: Dow Chart S&P Chart Drinks & Break Time at: GD's Famous Tea Room & Watering Hole"

DOW JONES @ LIVECHARTS

Hi guys, not sure why you don't get the chart on the link.

Just logged on and clicked the link and it opened OK.
Puzzling. :-(

Would post a MaM chart from the 'Indices' tab at the top, but
apparently I'm no longer allowed to access that tab without
a subscription. Don't know why, used to be able to.

Melnibone.

http://uk.finance.yahoo.com/q?s=^GSPC&d=c&k=c3&a=ss,w14,m26-12-9,r14,fs&p=m10,m20,m50,m100&t=3m&l=on&z=l&q=c

OK, try this one from Yahoo instead of BigCharts, and give
your view on it.

Melnibone.

Nice divergence on the MACD there Melnibone.

http://uk.finance.yahoo.com/q?s=^NDX&d=c&k=c3&a=ss,w14,m26-12-9,r14&p=m10,m20,m50,m100&t=5d&l=on&z=l&q=l

NDX has closed the gap lower open on Monday morning.
But left a nice gap open higher beneath it. :-)

Melnibone.

Nice Chart Melnibone.
Reckon the Coral reefs are better than the mountain view? Mountains look nice from a far but when you get near its those slippery boulders.
Best to wait and see what develops and scalp in and out is the best way until sure.

Dow hitting Turbulence at 9960-9970 area and i think must get past 9880-990 to hit the rocky 10000. that is if it gets that far.
Option expiry on Friday.

I think better to have short daggers drawn rather than long swords.


rgds
zarif

Looks bearish to me Melnibone.
Have a .357 Magnum tucked in your belt in case the short dagger doesn't work.
;-)

looking at the charts I have come to a conclusion
I don't know what I'm looking for
also my interpretation isn't possible, it appears to me that the Nasdaq's going up and the S & P down, so I'm going for a lay down and start considering getting a job.

bush, you've got one. Resign. Then go back to daddy. He'll give you a job.

:-)

Oh my God, I do have one, what the hell have I done, Bobby, Bobby please come out of the shower...

E-Mini S&P 500 Index (Code: ES,5/2004) - 10 Minute Candlestick Chart 

nice.

Hi Zarif

it appears E-mini achieved upside COP of 1095 last night. Now looking at OP at 1105ish.

Regards

FibCouple

See? What did I tell you? Bullish.

Managed a long on dow and SNP and a quick short on the dow.
Just watching atm as historically whenever the futures are strong they soon seem to fizzle out so best to watch and see how they are painting the canvas at the Ym.

rgds
zarif

remember as far as we are concerned there is no Bull or Bear position BUT the right position to be in.

Bloomberg have been reporting all day that these last 2 up days
have been on low volume.

Down days are good volume.....

Ring any bells from 2000/2003 ?

Still looking for swing highs and then shorts.
Relief rally and Bear profit taking to suck in fresh Bulls, IMHO.

Melnibone.

Mel: agree with you as I said on crocs thread better to short from a higher level.and be an Injun -Just scalp as we all know the markets are driven by fear and greed-not entirely on crude oil which incidentally has come off highs slightly.

rgds
zarif

Dow playing on anarrow range at the moment no need to go for a scratch trade and get clawed to death.

Just closed a brilliant short on the dow and taken out a small omg.

KEY EVENTS TO WATCH FOR:

8:30 AM ET. Initial Jobless Claims (expected -6K; previous +13K)

8:30 AM ET. USDA Weekly Grain Export Sales Report

10:00 AM ET. DJ-BTM Business Barometer (previous +0.4%)

10:00 AM ET. Chicago Fed National Activity Index (previous +0.17)

10:00 AM ET. Conference Board Leading Economic Indicators
(previous +0.3%)

12:00 PM ET. Philadelphia Fed Index (previous 32.5)

The STOCK INDEXES & MARKETS

The June NASDAQ 100 was steady to slightly higher overnight and is
challenging initial resistance marked by the 10-day moving average
crossing at 1402.85. Stochastics and the RSI are oversold and are turning
bullish signaling that a low is in or is near. Closes above the 20-day
moving average crossing at 1423.75 would signal that a low has likely
been posted. If the decline off April's high continues, a test of March's
low crossing at 1369.50 is possible later this spring. The June NASDAQ
100 was steady at 1396 as of 6:46 AM ET. Overnight action sets the
stage for a steady to firmer opening by the NASDAQ composite index
later this morning.

The June S&P 500 index was slightly higher in overnight trading due to
short covering as it consolidates below the 10-day moving average
crossing at 1090.79. Closes above last week's high crossing at 1102.50
are needed to confirm that a low has been posted. Stochastics and the
RSI are oversold and are turning bullish hinting that a low is in or is
near. Closes below last Wednesday's low crossing at 1075.30 would
renew this spring's decline while opening the door for a test of weekly
support crossing at 1070.04 later this month. The June S&P 500 Index
was up 0.20 pts. at 1087 as of 6:47 AM ET. Overnight action sets the
stage for a steady to firmer opening when the day session begins later
this morning.