Up,down or sideways? Review the charts for any clues that may help you with your own research. Thinking for yourself can be a pleasure and developing and applying strategic stock market research skills could give you the edge...

Google

Sunday, May 13, 2007

HOT SPOT CHARTING...

(Click charts to enlarge)

Whilshire 5000, A broad market indicator.
Has room to move higher in the upwards channel.
However a break below the channel from a rising wedge could happen just as well...


Nasdaq 100 Index, Moved back towards the top of the channel on declining volume...


S&P500, Percent of stocks above 150 day moving average.
Although we could see the S&P 500 index move higher it appears to be in a topping process with a declining percentage of stocks above their 150 day moving average...


Disclaimer: The content in this blog is for leisure purposes only. The content is not intended as an offer or solicitation to buy or sell any securities. Do not use the content to make any investment decisions.


Thanks for visiting...

00K

The email address is provided only as a courtesy to those readers who want to express their comments...

EMAIL- hotspotcharting-ook@yahoo.com