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US Stocks rose after upbeat corporate news and bargain hunters after the last few weeks of declines.Manchester United, made a 6 month profit of 26.8 million pounds up 32 percent rise beating analysts' forecasts of about 22 million. Malcolm Glazer said he had no current plans to bid for the club AWG water utility said it saw annual overall profits up on the last year, although the would have exceptional charges of around 130 million pounds "Trading is in line with expectations in the second half and the full-year results are therefore expected to show an improvement over 2002/3," Peacock Group Group discount clothes retailer sales fell 1.8 percent for the quarter but gross margin improved. They expect to make at least 35 million pounds profit before tax for the year

Calendar: United Kingdom	United States (GMT)	Europe & World (GMT)
ADVFN (I), Manchester United (I), Advanced Medical Solutions (F), Faroe Petroleum (F), Gyrus Group (F), Maiden Group (F), Mears Group (F), TT Electronics (F), Whatman (F) Peacock Grooup (Trading) Nationwide March House Price Survey (06:00)	15:00 Consumer Confidence Mar 86.0	Beiersdorf AG, Continental AG, MAN AG, MG Technologies Wella AG, Fielmann AG, Deutsche Telekom AG Stada Arzneimittel AG, Singulus Technologies AG Fraport AG Fraport AG, Neopost SA

Data Download	Calendar	US Zone	HTML Edit		Currency Calc		Broker Upgrades	Director Dealings
David@SnappyTrader.com    www .SnappyTrader.com		Pre Market Futures	FTSE +5	DAX UNCH	DOW -7	S&P -2	Tips & Recommendations

Updated 3/29 for Tuesday's market.
Key DOW Levels for 3/30
UP Above 10,350
DN Below 10,200

Rally & Hold
Dow rallies at Open, holds firmly at resistance.

From prior commentary, "...Look for the index to continue to consolidate at the highs from around 10,175 to 10,275. Such a range would indicate a likely continuation toward the next resistance level at 10,325..."
The Dow got the upside break from the tight range early in the session today, which sparked a sharp push higher to the clear 10,325 resistance level, seen in the 15 and 60 Minute Charts. The index held at resistance throughout the session and looks poised to plow forward tomorrow.

Looking at the 15 Minute Chart shows that the Dow has begun to form another tight consolidation at the highs, which implies continued strength. An upside break through 10,350 will likely fuel such a move. Also, looking at the 60 Minute Chart shows that the Dow may be forming a higher low above 10,300. Look for a continuation should the index continue to hold above this level.

However, the index has formed a clear lower trend line beneath the lows of the recent advance, seen in the 15 Minute Chart. A downside break of the line at 10,300 will make for weakness tomorrow, while a break below 10,250 will indicate an even steeper decline.

Short Term Dow

Short term, the Dow is holding beneath the clear short term resistance level of 10,350, seen in the 1 and 5 Minute Charts. Look for weakness below this level unless an upside break of 10,350 is seen tomorrow morning.

Medium Term Dow

In the medium term, we entered the market Long today at 10,325, but stopped out at the entry due to the Breakeven Rule. We are out of the market and will watch 10,350 up, and 10,200 down, with 20 point stops.

NASDAQ & S&P

The NASDAQ and S&P each rallied alongside the Dow this morning and are now holding near the session highs. Look for a continuation pattern to form to indicate further strength tomorrow.*

Summary

The Dow rallied sharply at the Open, opening up a solid 117 point gain for the day. Look for the index to hold above 10,300 tomorrow, which would indicate continued strength in the medium term. Otherwise, a downside break here will cause a short term pull-back within the overall upmove.

TUESDAYS FTSE PP

R2 4454
R1 4430
PP 4394
S1 4370
S2 4334

Ftse closed above R2 on Monday but lost 5.7 pts in the auction, if dj closes above 10320 cont strength for ftse with 2 day chart targeting 4430, weakness through 4400 on brk of uptrend imho! My 60 min sigs still bullish above 4374atm!

Morning All

FONTY, well done to, No warning about day trading though I bet!

Just heard that 4 suspected SARS patients have been taken to Edinburgh hospital.

Morning all

SARS back - that'll scare a few people.

thx m8..

I have a small investment in BLLM, which I was starting to dispair that it wasn't going to do anything. Finally the bid has gone up 3p (from 25p to 28p) the question is will it continue, or go back to 25p which it seems to prefer!

That didn't last long - the offer goes up to 30p, and the bid back down to 25p

Is it my imagination - but is the FTSE mirroring the Dow again?

ms little woman ..did you know that after ftse100 closes, if you get online quick, you can spreadbet for next day using dow as your main reason!!
Im sure you are aware that trendwise, ftse always follows big brother!!
kind regards..