(Source Reuters News)
Retail sales of motor homes have fallen for 19 consecutive months as higher interest rates and gas prices and a slowdown in housing have weighed on consumer confidence.
Further deterioration is seen for 2007, when shipments of motor homes and campers are expected to drop more than 11 percent, according to the latest forecast from the Recreation Vehicle Industry Association (RVIA).
(Click charts to enlarge)
Fleetwood Enterprises...
Still struggling after a hard decline...
Winnebago...
Potential triple top...
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
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...
Thursday, November 30, 2006
Thinking Short?
Weekly SP500 High-Low Index...
For conservative short sellers the optimum time to sell short
the S&P 500/SPY(s&p 500 SPDR's) could be when the MACD crosses under...
We will track this chart daily after the close until we get a MACD cross under...
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
Wednesday, November 29, 2006
HOT SPOT CHARTING...
(Click charts to enlarge)
Nasdaq Issues Declining.
At recent support. Could move upwards thursday...
Nasdaq Issues Advancing.
At recent resistance. Could move lower thursday...
Nasdaq 100 Tech Index.
Potential bearish reversal pattern with a downside breakout.
Could nail the end of the recent tech bull run...
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
Nasdaq Issues Declining.
At recent support. Could move upwards thursday...
Nasdaq Issues Advancing.
At recent resistance. Could move lower thursday...
Nasdaq 100 Tech Index.
Potential bearish reversal pattern with a downside breakout.
Could nail the end of the recent tech bull run...
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
Tuesday, November 28, 2006
DJ Asia/Pacific Indexes
HOT SPOT CHARTING
Monday, November 27, 2006
HOT SPOT CHARTING...
(Click charts to enlarge)
NYSE A/D, We could see an advance on tuesday...
Nasdaq A/D, We could see an advance on tuesday...
Bank Index as posted Nov. 13th with first target...
The Bank Index as charted Nov. 13th closed within the target...
Charts and comments are NEVER INTENDED AS ADVICE...
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.
Thanks for visiting...
00K
The email address is offered only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
NYSE A/D, We could see an advance on tuesday...
Nasdaq A/D, We could see an advance on tuesday...
Bank Index as posted Nov. 13th with first target...
The Bank Index as charted Nov. 13th closed within the target...
Charts and comments are NEVER INTENDED AS ADVICE...
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.
"Jesse Livermore"
Thanks for visiting...
00K
The email address is offered only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
Sunday, November 26, 2006
NASDAQ MAKE or BREAK!
(Click charts to enlarge)
Nasdaq, now up against the long term trendline.
Currently making it's fourth attempt at this long term resistance and with the stoch's overbought any breach could be considered suspect...
SP500, weekly chart with Doji.
Bearish candlestick pattern.
Potential change of direction. Confirmation needed...
Thanks for visiting...
00K
The email address is offered only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
Nasdaq, now up against the long term trendline.
Currently making it's fourth attempt at this long term resistance and with the stoch's overbought any breach could be considered suspect...
SP500, weekly chart with Doji.
Bearish candlestick pattern.
Potential change of direction. Confirmation needed...
Thanks for visiting...
00K
The email address is offered only as a courtesy to those readers who want to express their comments...
EMAIL- hotspotcharting-ook@yahoo.com
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