July 9, 2010

Dow Futures negative divergence


  • Dow futures is developing negative divergence in hourly chart.
  • But one more up move may be possible before it starts to correct.
  • That move may coincide with Dow Jones cash index getting resisted at 10200 levels.
  • S&P 500 SUPPORT AND RESISTANCE LINES

2 comments:

  1. Hi Anoop,

    Thanks for your great analysis of the US stock market. Is there any free site for doing some TA of Indian stocks, listed in BSE and NSE?

    Your help is highly appreciated?

    S Das
    s_das_usa@yahoo.com

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  2. Hi Sidhartha

    Thank you for your comments. I have found chartnexus software quite useful for eod.

    I am yet to come across a website like freestockcharts.com which i am using for U.S. Market analysis.

    For BSE and NSE yet to come across a site like the one mentioned above which can be used for real time technical analysis.

    Regards
    anoop

    ReplyDelete