Archive for: November 2009

November 25, 2009

CME Chart – Facing a Hurdle

Filed under: Financial - 25 Nov 2009

I charted the CME Group Inc (NASDAQ:CME) this morning just a few minutes after the markets opened while CME was trading at $325.75.  CME is still moving along its trading channel from the past few months, but might have a hard …

November 18, 2009

NDAQ Chart – Sitting At Key Level

Filed under: Financial - 18 Nov 2009

I charted the past three months’ daily prices for NDAQ this morning while it was trading at $18.81.  The biggest line of resistance for NDAQ comes from its trend line of lower highs.  That line has been merciless for the …

November 12, 2009

DIA Chart – Close to Resistance Again

Filed under: ETF - 12 Nov 2009

I charted the Dow Jones ETF (NYSE: DIA) this morning within the first half hour of the market opening when it was trading at $103.13.  The first glaring line I drew was the trend line of higher highs.  DIA bumped …