Hot Spot Charting

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...

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Wednesday, May 23, 2007

HOT SPOT CHARTING...


S & P Financial Sector Bullish percent Index...


Philly Semiconductor Index,
Potential false breakout...


Charts and comments are NEVER INTENDED AS ADVICE...

Thanks for visiting...

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

EMAIL- hotspotcharting-ook@yahoo.com
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Sunday, May 20, 2007

HOT SPOT CHARTING...

(Click charts to enlarge)

DJIA, Update...



Chart: The Nasdaq 100 with the Philly Semiconductor Index (SOX). The chip sector could be arguably the most significant single sector affecting the Nasdaq. While the two indexes are highly correlated and generally move in tandem, be on the lookout for divergences, such as when the SOX fails to confirm a move by the Nasdaq. These divergences are often an early clue that the move may not be sustainable...

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
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