Daily Analysis: S&P 500 Stock Index on Tuesday.If the trading range Trading Range The spread between the high and low prices traded during a period of time. Notes: When a stock breaks through or falls below its trading range after several days of trading in a range, it usually means there is momentum (positive or negative) building. at 870.40 is failed the falling process will continue. For today, we predict a clam day in the US stock market. Based on the midterm mid·term n. 1. The middle of an academic term or a political term of office. 2. a. An examination given at the middle of a school or college term. b. midterms A series of such examinations. view, the market won`t be able to increase by the next two weeks. Technical resistance levels: 873.24/875.72/878.78(main) Technical support levels:868.95/861.75/859.00 (main) Trading range: 859.00 -- 879.00 Trend: Swing Market sentiment Market Sentiment The feeling or tone of a market (i.e. crowd psychology). It is shown by the activity and price movement of the securities. Notes: For example, rising prices would indicate a bullish market sentiment. NEAR-TERM: Bearish Bearish Words used to describe investor attitude. A bearish investor believes that a particular asset or the market as a whole will decline in value. bearish MEDIUM-TERM: Bearish LONG-TERM: Bullish 2009/01/13 Copyright 2003-2008 Mojnews Agency. All rights reserved Provided by Syndigate.info an Albawaba.com company |
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