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Daily Archives: April 11th, 2007

4/11/07 Review: Nasdaq, SP 500, DOW

April 11, 2007 – 11:48 pm

So, once again, the Feds spooked investors! =) The timing was about right, though. It’s about time the markets take a little rest. Let’s take a look to see where we are at:
The Nasdaq closed above support (2456.5) at 2459.31. What’s positive for today was that the 30-day MA finally turned […]

By HappyTrading | Posted in Uncategorized | Comments (0)

Intraday View on the Markets: SPX

April 11, 2007 – 7:09 pm

Well, the Feds certainly don’t have their comfy shoes on, which also made the markets nervous. The markets are testing the support levels right now. I’m looking at a chart on the SPX, or SP 500 to try to see what people are thinking:
The SPX is just below the support level at around 1439 (the […]

By HappyTrading | Posted in Uncategorized | Comments (0)

TSO just keeps on going…

April 11, 2007 – 5:26 pm

Many people have been betting against TSO, ’cause it’s risen so high. But, some of them are getting caught by its upwards strength. Let’s look at some charts:
Daily chart: The daily chart shows that TSO is climbing the upper BB nicely, without really going over it. The MFI and RSI, however, are getting toppy.
How about […]

By HappyTrading | Posted in Uncategorized | Comments (0)