HOT SPOT CHARTING...

(Click charts to enlarge)

DJIA, Potential ending wedge....



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

HOT SPOT CHARTING...

(Click charts to enlarge)

S&P 500......


NASDAQ 100 INDEX,
Lower highs and lower lows...



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

HOT SPOT CHARTING...

(Click charts to enlarge)

HANG SENG INDEX,
Could the HSI fill the gap at the 50ma........


NIKKEI, Looking a bit vulnerable.
Eye on the neckline...



Charts and comments are NEVER INTENDED AS ADVICE...

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

HOT SPOT CHARTING...

(Click charts to enlarge)

HSI, Well you have to hand it to the Chinese.
They do come out swinging. Gaped up over 500 points in the first half hour of trading.
But then went nowhere...

China's April Inflation Adds Fuel to Stock Bubble (Bloomberg.com)
http://www.bloomberg.com/apps/news?pid=20601089&sid=agbrDukDFrdo&refer=china

NASDAQ, Two distribution days in the last three trading days.
Could we see the gap get filled soon...


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

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

HOT SPOT CHARTING...

(Click charts to enlarge)

Hang Seng, Gap down Doji. Potential change of direction on Monday.
MACD trending lower but now has room to turn up...


FXI, Large volume spike. Could be forecasting a move in the Hang Seng...


EWH, Large volume spike...

QQQQ, Flag...

IWM...

Charts and comments are NEVER INTENDED AS ADVICE...


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