1 Day     2 Day   5 Day   UK News			Gold/Bond Pivots Markets  Futures Translate
		Day 2 Day 5 Day US News		S&P Futures
Nikkei  +129 Hang Seng +52  Asia News		DAX    CAC     Euro News

US Stocks markets started off the new quarter in positive territory, with technology gains keeping the Nasdaq strong and the broader market higher. Northern Rock mortgage bank said it was comfortable with the market consensus for 2004 profits 430 million pounds after first-quarter lending increased 16 percent. George Wimpey said that housing markets in the UK and the United States are set to remain in good shape as it reported a strong start to its new financial year. After 13 weeks over 60 percent of expected sales for the year had been completed or reserved in the United States, while at least half had been completed or reserved at its George Wimpey and Laing Homes units in the UK.

Calendar: United Kingdom	United States (GMT)	Europe & World (GMT)
Cluff Mining (F), Goshawk Insurance Holdings (F) Northern Rock (Trading), George Wimpey (Update) CIPS construction index (08:30)	18:00 Core PPI Feb 0.1% 18:00 PPI Feb 0.4% 14:30 Average Workweek 33.8 14:30 Hourly Earnings 0.2% 14:30 Nonfarm Payrolls Mar 100K 14:30 Unemployment Rate Mar 5.6%

Data Download	Calendar	US Zone	HTML Edit		Currency Calc			Broker Upgrades	Director Dealings
David@SnappyTrader.com    www .SnappyTrader.com		Pre Market Futures	FTSE +3	DAX -5	DOW +14	S&P +1.1	Nas -1	Tips & Recommendations

Updated 4/1 for Friday's market.
Key DOW Levels for 4/2
UP Above 10,400
DN Below 10,325

Still Holding
Dow trades sideways, continues to hold at highs.

From prior commentary, "...The Dow continues to hold above the 10,300 level, which implies sustained strength...The Dow may continue trading sideways within the 10,300 to 10,400 window before a break either way is seen, however...."
The Dow trended slowly higher within the sloping range throughout the session today, notching a 16 point gain for the day, as seen in the 15 Minute Chart.

The index continues to develop the upward-sloping consolidation that is forming at the highs of the recent advance, seen in both the 15 and 60 Minute Charts. The fact that the pattern is upward-sloping typically implies a downside break. Therefore, we will watch 10,350 down, as a break here will spark a likely push lower.

However, we've often seen these consolidations work out to the upside, so we will continue to monitor both the upper and lower boundaries for breaks. An upside push through 10,400 could fuel an eventual break from the pattern tomorrow, paving the way for further strength.

Short Term Dow

Short term, we will watch the lower boundary of the consolidation tomorrow, as a break at 10,350 will make for weakness tomorrow morning. Watch this line closely in the 5 Minute Chart.

Medium Term Dow

In the medium term, we entered the market Long today at 10,400, but stopped out with a 20 point loss and are now out of the market. We will watch 10,325 down, and 10,400 up tomorrow; using 20 point stops.

NASDAQ & S&P

The NASDAQ and S&P traded slowly higher alongside the Dow today, but may be gearing up for a drop. Each index has formed bearish sloping consolidations, which hint at weakness to come. However, a break either way from the consolidation should prove profitable. *

Summary

The Dow traded slowly higher thoughout much of the session today, pulling out a small gain by the Close. The index continues to hold within the boundaries of the sloping consolidation, which we will watch closely tomorrow. Watch 10,325 down, and 10,400 up tomorrow.

Morning all. Look forward to seeing many of you at todays Bristol traders meeting.

Morning all

I don't normal post in the investors room as there are too many threads, and I haven't the time to read a fraction of them.

I notice there are threads asking for advice on a particular shares, rather than a discussion on it's merits (or ramping!). Is it too simplistic to ask "Would it not be more useful to post on this thread, rather than start a new thread"?

Morning all (just) - Agreed Helen - good idea.

Any ideas what the DOW is doing? Can't seem to get any
figs up for it.

at 3:14 futures up 100 on my barclays cfd account, (trading 90-110)

stockbunny - I presume you figured out the the US haven't put their clocks forward yet, so only futures (as bush mentioned) are being quoted!
(I did the same on Monday!)

They put their clocks foward on Sunday.