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Chalanachithram.com DB » TF Industry related » Archive through February 14, 2012 » Check this S&P action..barometer for entire stock market. « Previous Next »

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Conquas
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Username: Conquas

Post Number: 1088
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, February 12, 2012 - 07:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.standardandpoors.com/indices/sp-500/en/us/?indexI d=spusa-500-usduf--p-us-l--
all opinions expressed here are mine.. please follow at your own risk....

Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours.
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Conquas
Comedian
Username: Conquas

Post Number: 1087
Registered: 11-2011
Posted From: 99.82.251.78

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Posted on Sunday, February 12, 2012 - 07:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Proline:

what is this?




oh my god... seriously... r ju kidding me?
all opinions expressed here are mine.. please follow at your own risk....

Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours.
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Proline
Side Hero
Username: Proline

Post Number: 6710
Registered: 06-2008
Posted From: 174.62.153.106

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Posted on Sunday, February 12, 2012 - 07:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Conquas:

S&P 500 index


what is this?
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Entikaburlu
Side Hero
Username: Entikaburlu

Post Number: 6302
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Sunday, February 12, 2012 - 07:08 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

thinga thinga thingarolla tensionuuu..
All Class Notes -> https://twitter.com/#!/EKSWAcademy

all opinions expressed are mine and only mine. not to be attributed to the other IP address sharers, my employer, or any other human, animal, robot or alien.
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Conquas
Comedian
Username: Conquas

Post Number: 1086
Registered: 11-2011
Posted From: 99.82.251.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Sunday, February 12, 2012 - 07:06 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

S&P 500 index has been in a strong uptrend since October of 2011. The index entered a resistance area as it approached the May highs ($137.18) earlier in the week. The $136 to $137.18 region was tested multiple times throughout mid-2011 and poses a likely short-term top here as the market pulls back to support before once again moving higher. The next support level is $132 followed by $130. A drop below $130 warns of a more serious correction, as the drop would break below the upward sloping trend line which began back in October. A rise back above Thursday's high at $135.59 (especially a closing price) indicates another wave higher and a likely possibility that the $137.18 May high will be tested and penetrated.
all opinions expressed here are mine.. please follow at your own risk....

Disclosure: I have no positions in any stocks/options mentioned, and no plans to initiate any positions within the next 72 hours.

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