Friday, March 30, 2007
Bullish Reversal Triggers
Reversal bars are an objective technique used to time the entry of a trade. Read More... http://daily-stocks.netfirms.com/daily-trading-triggers.htm
Would You Like To Own A System So Accurate, So Consistent And So
Powerful, It Will Literally Remove All Traces of Fear And Doubt Every Time You
Take a Trade...?
Then this is your Opportunity
Ultimate
Trading Machine
UTM is brand new and
exciting trading tool. Forex and E-mini's are the hottest markets today.
If you'd like to know what works, and what doesn't, common myths busted for
good, the top Q&A active traders are burning to know the answers to and
much more, you need to see this. No other way to put it.
UTM
has ZERO subjectivity. Ten people use it, ten people get the SAME
results. This is a huge advantage over 99% of the other systems.
Ultimate Trading Machine - Limited Edition
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Consolidations
Sideways
Movement Gives Indication of Future Price Direction
A consolidation is a place where buyers and sellers are very
closely matched in numbers. As the battle ensues, others notice that the market
is consolidating, and begin considering to get on board. As soon as a break
from the consolidation occurs, the latent buyers or sellers usually begin
taking positions.
Read
More...
NASDAQ Chart of the Day
Courtesy
of Nirvana Systems
UTIW
got a big downside break via a breakaway gap through a major lower trend line
at 28.00, which is highly bearish. Look for more selling pressure, as the trend
looks to have changed to favor the bears in this chart.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
PTV
has pulled back 38% from the July to January rally and looks to be pushing
higher from this level, which is bullish in a longer term sense. Look for
strength above 35.00 for more strength.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Thursday, 3/29 for Friday's market.
|
Key DOW Levels for 3/30
|
|
UP
|
Above 12,400
|
|
DN
|
Below 12,250
|
Round Trip...
- Dow drops steadily throughout session, reverses and rallies to
the Close. The index closed the day with a 48 point gain and continues to hold
at the key 12,350 fulcrum, which we will watch closely.
- The NASDAQ and S&P each rallied late in the day after beginning the
session in a very weak manner. The indexes continue to hold within the current
four-day downtrend, which we will watch for a continuation or a change in
trend.
Summary
The Dow ended the day with a nice rally to spark a little bit of strength just
before the Close. If the index can remain above 12,250, we could see strength
through 12,400 tomorrow. Otherwise, 12,250 will lead to more selling pressure.
Read More...
