نظرة بريفنق للسوق

الموضوع في 'السوق الأمريكي للأوراق الماليه' بواسطة Day_trading, بتاريخ ‏1 يناير 2005.

  1. Day_trading

    Day_trading موقوف

    التسجيل:
    ‏28 أغسطس 2004
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    kuwait
    انا ابي اكتب الكلام الموجود ولاكن الشارتات اضن كافية

    The Technical Take About this page | Print version

    Support and resistance levels posted daily.
    Updated Daily by 9:30 ET. Archive



    Updated: 31-Dec-04 09:15 ET

    Which End Of Year Streak ?

    Another day of quiet trade for the market averages on Thursday with many market participants already on the sidelines ahead of the New Year (today is a full trading session, however). The S&P 500 did establish a new Dec/52-wk intraday highs while the other indices spent the day hovering slightly below recent highs before a late session, thinly traded, pullback hit the market.

    Volume declined again (NYSE 828, Nasdaq 1.40 bln) so not too much should be read into the late slide but the averages have run out of steam of late. While the market is also holding on to a top heavy technical posture, seasonals and short term price patterns are still bullish with the averages having room to the downside before initial supports (hourly moving averages, congest) are tested.

    Here is an FYI for you based on Dec 31 trade, the Nadaq Comp has risen 21 out of the last 24 years on Dec 31. It sounds statistically impressive but note too that it has been down the last years in a row. Obviously traders don't blindly playing the market based on streaks such as this but the the information does reflect a positive predisposition for end of year trade. Pre-market readings are currently holding on to a mildly favorable bias.

    Very light trade will be seen again today which may result in hours of very confined trade but it also allows for exaggerated moves such as Thursday's late decline which was likely triggered by program trading amid the low volume conditions.

    Market Averages

    For the Dow will be watching support at 10795 (Dec 29 low 50 exp -hourly-) and the lower end of the now six day trading range at 10774. On the upside we have initial resistance at 10824/10830 (20 exp -hourly-, congestion) followed by the top of the recent trading range at 10868. ​

    [​IMG]
    As mentioned, the S&P 500 did edge above its recent range and set a new high for the year but it stalled near the top of the weekly congestion band that has been highlighted at 1215 (session high 1216) and pulled back to the range top and 20 exp -hourly- at 1214/1213. Short term support is at 1210/1209 (Dec 29 low, 50 exp/simple -hourly-). A posture above leaves the door open to another upside extension short term with initial resistance at 1219/1220.
    [​IMG]

    The Nasdaq Comp has initial support in the 2174/2171 area (20 exp -hourly-, recent range top) with congestion, the Dec 03 and 16 highs and its 50 exp/simple -hourly- in the 2164/2162 zone. On the upside there is some congestion in the 2180/2190 area (2182/2184 and near 2187) with 2196/2200 a potential stiffer short term barrier (congest/psych).​
    [​IMG]
     
  2. bu-abdullaziz

    bu-abdullaziz عضو مميز

    التسجيل:
    ‏11 ديسمبر 2003
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    الله يعطيك العافيه.

    بصراحه موقع briefing داهيه :)