
DOW (8574.65) and NASDAQ (1739.00) closed 4.4% and 1.2% up respectively last week.Support for DOW is at 8330 and NASDAQ 1670.Resistance for DOW is at 8850 and NASDAQ 1810.
Trend Of Major Indices and Stocks
Symbol Trend No. of Days WeeklyTrend MonthlyTrend
^DJI Bulllish 1 Rising Rising
^IXIC Bearish 2 Rising Rising
AA Bearish 2 Rising Rising
AXP Bulllish 1 Rising Rising
BA Bulllish 1 Rising Rising
C Bulllish 5 Rising Rising
CAT Neutral 1 Rising Rising
DD Bearish 3 Falling Rising
DIS Bulllish 8 Rising Rising
EK Bulllish 1 Falling Rising
GE Bulllish 7 Rising Rising
GM Bearish 3 Falling Rising
HD Bearish 3 Falling Rising
HON Bulllish 8 Rising Rising
IBM Bearish 3 Flat! Flat!
INTC Bearish 2 Falling Rising
IP Neutral 1 Rising Rising
JNJ Bulllish 8 Rising Rising
JPM Bulllish 1 Rising Rising
KO Bulllish 1 Falling Rising
MCD Bulllish 4 Rising Rising
MMM Bulllish 1 Rising Rising
MO Bulllish 4 Rising Rising
MRK Neutral 1 Rising Falling
MSFT Bearish 6 Falling Rising
PG Bulllish 3 Rising Rising
T Bearish 2 Falling Rising
UTX Bulllish 1 Rising Rising
WMT Bulllish 1 Rising Rising
XOM Bulllish 5 Rising Rising
Useful Technical Indicators for Major Indices and Stocks
Symbol Close PVBreakout MFI-21 RSI-14
^DJI 8574.65 Neutral 66.1 66.88
^IXIC 1739 Neutral 58.05 62.07
GE 14.53 Neutral 70.35 76.19
GM 1.61 Neutral 50.88 40.86
IBM 101.49 Loser 58.39 51.98
MSFT 19.42 Neutral 45.71 50.79
PG 51.57 Neutral 53.72 58.28
MFI=Money Flow Index
RSI=Relative Strength Index
PV=Price Volume
Trading Idea
(1)AXP(28.40)Buy at declines and trade.
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