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

nice one, Diego

LOL! 'they' must check the chart. It just bounced of it.

Afternoon guys/gals:
Hope u all had a good w/end and are getting ready for the dow to open in an hour and half.
The pre-market futures are lower. Ftse is having trouble at top resistance and the dow shed a load on friday which i think is going to dissipate into today.watch the 9700 area and if goes below 9650 then might retrace down.then should hopefully climb north and 2 areas to watch are 9850 and 9900 also seems to hover around 9830. Anyway thats what it has been doing in the past -so chances are will do same in future.
Also lot of data coming out this week and Bush visit with the red alert on terror scares etc -will spook the market even if a firecracker goes off.
please watch the market carefully and if in DOWBT STAY OUT is the best policy.you dont lose money that way.
rgds
zarif

The STOCK INDEXES & MARKETS

The NASDAQ Composite index posted huge key reversal down on
Friday and closed below the 20-day moving average crossing
at 1935.14. The low-range close sets the stage for a steady
to lower opening on Monday. Multiple closes below Tuesday's
low at 1923.50 would greatly increase the odds that a short-
term top has been posted. Stochastics and the RSI are
overbought and have turned bearish signaling that a top has
likely been posted. Closes above last week's high at 1992.27
are needed to renew the NASDAQ Composite index's rally off
October's low and would open the door for a test of weekly
resistance crossing at 2098.88 later this year. The NASDAQ
Composite Index closed down 37.09 points at 1930.26.

The December S&P 500 index posted a key reversal down on
Friday and closed below the 10-day moving average crossing
at 1052.40. The low-range close sets the stage for a steady
to lower opening on Monday. Closes below Tuesday's low at
1041.80 would increase the odds that a short-term top has
been posted. Stochastics and the RSI are diverging and have
turned bearish signaling that a top has likely been posted.
It would take closes above last Friday's high at 1064.40 to
renew this year's rally. The December S&P 500 Index closed
down 9.30 points at 1048.80.

The Dow posted a key reversal down on Friday ending a two-
day rally as weakness in technology stocks and a broadening
probe of the mutual-fund industry weighed on the market. The
low-range close sets the stage for a steady to lower opening
on Monday. Closes below the 40-day moving average crossing
at 9663 would confirm that a top has been posted. Momentum
indicators are diverging and have turned bearish signaling
that a top has likely been posted. Closes above last week's
high crossing at 9903 are needed to renew this year's rally.
The Dow closed down 69 points at 9768.

trins at 2.9 -heavy bearish at 14.38

zarif a quicky can u give me a few sites where i can read up on trins plse cheers

crocs - snappytrader.com - its very well illustrated.
rgds
zarif

cheers

closed a short out before as is stagnant around -98/100 and am looking at the screen now.
Do u reckon it will shoot up at the end - i have this sickly feeling that it might.

to b honest zarif dont know..feel it may fall a bit more like 2 c -160 then c what happens in last hr.the last couple of weeks the dow seems to sell off friday into mon then reversal of 50/60 points by wed/thurs

ill b back 4 8.30 c how it closes

closed a long out near the end for 27 pts x 5 = 135.00.
I think i should have waited to get more points -but with this monster best to take the cash.
reckon it will drop overnight????

I dont have access to my data feed today - does anybody know a web site where I can get live tick& trin
Thanks

Chadbukl:
try this link to see if it helps.
What are your views re: the dow today.???

http://fast.quote.com/fq/cts/livechart.html?symbols=INDEX:INDU&wd=710&ht=400

Zarif
I am looking for R1 to be retested (9774)think the Trin was well over cooked yesterday peaking over 3 and closing circa 1.8, think it will be very whippy on the way and dependant on 1.30 data. I'm still long from yesterday (9669 & 9647)
both bought on the way down did not expect a test of S2 however courage paid off. Have wide stops in place which still lock in my daily profit objective.
thanks for the link

Zarif link is perfect do you know if you can set the browser to auto refresh to keep data current?

chadbukl:
it keeps on updating itself -but i out of habit keep hitting the refresh button every so often -especially when things get tense!!!!

rgds
zarif

Chadbukl: Dont click on the flash quotes or u will literally get a "flash of figures" and not the trading type ones either.

zarif

I think the Dow will close tonight somewhere close to the its support of 9625. Maybe opening around 9720/30. So I'll probably be looking to short. But I shall follow the trend.

Diego

Some info kindly donated by the kindness of Jeroo
YM Pivots today are:

Pp 9687
R3 9849
S3 9525
R1 9755
R2 9802
S1 9640
S2 9572

Diego: sound advice. I have got three shorts from yesterday after market close opening at 9694 9672 9634 all at 2/pt. I think same as u that it is going to go down hill. Looking at the daily candle chart yesterday had three blacks( i small, 2 big ) so i wonder if u can call it a crow pattern which is bearish.

Good luck everybody.