Owner: DJI Charts URL:http://trading-stock-market.blogspot.com/ Join Date: Sat, 30 Aug 2008 04:47:38 -0500 Rating:0 Site Description: Nasdaq 100, S&P 500 and DJI indexes charts technical analysis. My personal subjective view on the current stock market trend. Site statistics:Click here
Advance Decline 2008-08-03 17:58:43 As a rule I do not make any posts during the week. Yet, today I witness interesting situation. S&P 500 advance decline oscillator and ratio were not as negative as it supposed to be during such index slide. The same was in the DOW sector.Very nice volume in the middle of today’s trading session and very nice recovery right after that…It was funny to read financial news today. Over the last Read more:Advance
, Decline
No title 2008-07-27 19:07:53 We had very nice move up this week. In spite of negative media pressure who threatened us that another 90 financial banks more likely will follow IndyMac path, the Dow Jones Industrial index is 6.2%, the S&P 500 and the Nasdaq 100 indexes are 3.5% up from the July 15, 2008 lows. Already on July 8, 2008 in my "Stock Market Crash" post I highlighted that the market is heavily oversold
Financial Sector 2008-07-14 21:40:07 IndyMac is down, yet the stock market (Nasdaq 100, S&P 500 and DJI indexes less then 1% down only). On the day when Bear Fund was down the US indexes crushed almost 4%. It looks like this collapse did not generated panic selling or maybe there are not a lot of traders who is willing to place short order (create selling demand) – who wanted to sell already sold and now is in short position. So, Read more:Financial
Nasdaq 100 is behind 2008-07-01 16:27:27 No post past weekend – went surfing...Has to be very short… Trying to post during my major work...Can say one thing – I’m watching out for volume… I see strong volume during the index drop in DJI and S&P 500 sectors and I consider that Dow Jones Industrials and S&P 500 indexes are heavily oversold. Yet, they are oversold not as strong as in January 2008, however, stronger than in Read more:behind
, Nasdaq
SP 500 chart again 2008-06-22 23:15:54 In the previous "S&P 500" post I've talk about mini-version of the October 2007 - March 2008 stock market crash. At the end of this week I may say that I saw further development of this scenario: the market continued its recovery on Monday and then stock market dropped again. The question is - will the market continue following the same pattern by moving now up???
S&P 500 Chart 2008-06-15 17:08:07 As in response to may note in my last "Trading System" (on 5/18/2008) post that the market is overbought over the short term, on May 19, 2008 the stock market including the Nasdaq 100, DOW and S&P 500 indexes has dropped into correction. For me the cause of this drop is the high volume during the market up move in period from May 13 until May 16, 2008 (see high green MVO on the Nasda Read more:Chart
S&P 500 2008-06-15 10:59:06 Nice week! Why? In the conclusion of my last "Dow Jones" post I stated "I think the market may continue to move down, at least to the point when I see the negative MVO is back to zero line and when the McClellan oscillator becomes red(negative) and starts to move up. The Nasdaq 100 is not as oversold as the DJI and this is one of the reasons why I think we may face further drop.&quo
No title 2008-09-21 23:27:46 Ok, as I mentioned in my last "Index Volume" post on September 16, 2008 we had it - sharp and strong recovery. Just in 1.5 trading session (from noon of September 18, 2008) the Dow Jones Industrials run up about 1000 points!!! I expected to see the indexes at September 12 levels and they (DJI, Nasdaq 100, S&P 500) are there. I've already pointed to the meaning of the huge volum
Index Volume 2008-09-16 22:37:09 Another great day, another huge volume. As I mentioned yesterday in the "DJI Volume
" post, today we had drop at the market open and we had strong recovery. I usually do only one post a week, yet, the last and current weeks are rich on events and volume. Now, by looking at this volume I would expect to see the indexes at least above the September 12 highs and I'm not going to be surpr Read more:Index
DJI Volume 2008-09-15 22:45:49 The record volume in the history DJI and S&P 500 indexes. We have not seen such big panic selling in the Dow Jones Industrial and S&P 500 sectors before. The major influence on the DJI slide was caused by American International Group, Inc. (AIG) which shares dropped down for more than 60%. I do not think we will see such strong panic selling soon. By following my yesterday "S&P 50 Read more:Volume
S&P 500 2008-09-14 23:40:35 Over the past week in several my posts ("Support" in particular) I have concentrated my attention on the extremely high volume on the stock market. These high volume surges during the recent decline are seen clearly in all indexes including S&P 500, Nasdaq 100 and DJI. I compared some volume numbers in my "Oversold" post to the historical similar occurrences of high volume
Support? 2008-09-11 20:29:32 Today's morning was pretty scary...Yet, if I'm right and as stated in my previous "Oversold" post the stock market really heavy oversold, then each such drop should be used to buy...My outlook stays the same as it was 2 days ago. Now, by adding 2 more day of extremely high volume at these low levels I have even more assurance in the very strong recovery. Even Lehman Brothers Hold Read more:Support
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