Stock Market Video Technical Analysis Review 072407

Stock market video technical analysis and for Tuesday July 24, 2007 including; Nasdaq 100 Trust Shares (NASDAQ:QQQQ), S&P 500 Index (AMEX:SPY), Semiconductor HOLDRs (AMEX:SMH), iShares Russell 2000 Index (ETF) (Public, NYSE:IWM), Trend analysis for daytraders and swingtraders of stocks and options. Trading stocks involves risk; … Read More

Bounce

After sucking in shorts below 49.65, the Qs are bouncing from the neckline and the most likely scenario is for the rally to fall short of 50.00 before a break of the neckline that takes the market lower.

Thrown Off

there were signs of a weakening market and for now participants have been flung off the bull. The Qs look like they will open near the neckline (49.65) of the recently outlined head and shoulders top pattern. Do not chase any bounce from that level … Read More