Archive for: April 2009

I charted the Dow Jones tracking ETF, DIA, at 12:26 pm on April 29, 2009. 

DIA hit the line of most of its three month intraday highs this morning
The one time DIA closed above this line it used it as support and …

I charted the large Oil ETF, USO, on April 28, 2009 while it was trading at 27.78 a little after 1:00 pm. 

USO hit resistance two days at its trend line of lower highs
USO has not traded above its 20 day moving average for …

I charted the past three months of the daily prices for 3M (NYSE: MMM) after the close on Friday, April 24, 2009 when it finished the week at $57.00.  (A single fundamental note – MMM released earnings on Friday and …

SPY is a large ETF that attempts to mimic the daily price changes in the S&P 500.  I charted the daily prices for SPY over last three months premarket on Friday, April 24, 2009 after it closed at $85.37 on Thursday.

Line A …

I charted Foster Wheeler AG (NASDAQ: FWLT) on April 23, 2009 at 1:02 pm when it was trading at $21.27.

FWLT is trading within the lower half of its two month trading channel.
FWLT fell below its trend line of higher lows intraday two days …

I charted Dow Jones ETF DIA’s daily OHLC price changes from March 5, 2009 through April 21, 2009 after it closed at $79.59.  (I started on 3/5 because that’s where the longest trend line I like started and I wanted to include …

The last time I posted a chart of NDAQ I said it was ready for a bounce.  It opened that day at $18.80 and eight days later topped out at $22.61.  I charted NDAQ …

I charted Microsoft (MSFT) on April 16, 2009 at 2:26 pm while MSFT was trading at $19.44.

MSFT is on the top side of its trading channel for the past five months near its trend line of slightly lower highs
MSFT is …

I charted Amazon (AMZN) premarket on April 15, 2009 after AMZN closed at $77.22 yesterday.

AMZN is at the top of its trading channel near its trend line of higher highs
AMZN held support on on its 10 day moving average yesterday
Based on …

I charted iShares Trust Russell 2000 Index Fund (IWM) after market close on April 14, 2009 when IWM closed at $45.31.  IWM attempts to mimic the performance of the Russell 2000 index.

IWM held support at its 10 day moving average …