Thursday, November 01, 2007

$INDU- Dow Jones Industrial Average



The pattern repeated itself with a huge drop today... After a breakdown under the band, the Average rallied above the band temporarily as it did before the August breakdown...Then today it collapsed under the band in an eerily similar fashion...It remains to be seen if the downside is contained to the recent low or if this is the retracement back to the prior August low in the mid 12,000's...Wait and see...

Wednesday, October 24, 2007

KBR - Kellogg Brown Root



Broke out of a pretty clean SYMMETRICAL TRIANGLE after its IPO and then embarked on a strong up move...Broke the support line temporarily when the market took a dive in August but then recovered and resumed its move up...Sitting near SUPPORT once more...

IPSU - Imperial Sugar



IPSU was trading very nicely technically riding the SUPPORT TRENDLINE upward, however it has now broken support and is trading sideways and seems to be pinned beneath the EMA ENERGY BAND.

JEC - Jacobs Engineering



JEC is in a strong uptrend here but has started lower after bouncing off of resistence...may move back toward dashed midpoint of uptrend channel...

Friday, October 19, 2007

$HSI - Hang Seng - Hong Kong

$HSI - Hong Kong - Hang Seng Index - Daily



$HSI - Hong Kong - Hang Seng Index - Weekly



$HSI - Hong Kong - Hang Seng Index - Monthly

Thursday, September 13, 2007

Dollar Trade Weighted V. Major Currencies



1)Resistance at dashed line
2)Room down still left until support at bottom trend line