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17th April Weekly Stock Index - DJ, HS and SSE

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10 April Weekly Stock Index – DJ, HS and SSE

Dow Jones

DJ seems especially resilent bouyed by the better than expected job data and closed strongly on last Friday. Dow Jones, touched the pyschological mark of 11,000 before pulling back to close at 10993. Technically, MACD and Stochastic seems to indicate next few session will continue upward move to break 11000. Expect resistance near 11300.

3rd April Weekly Stock Index – DJ, HS and SSE

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Weekly Stock Market Index (21 -26 March) : DJ, HS and SSE

Dow Jones

Dow Jones has broken through previous high of 10728 and continue its advance last week. However, last two session seems to indicate that the Dow is having difficulty to breakthrough as evident from the Doji formation on two consecutive session. MACD and Acc/Dist also shows some signs of weakening but the index is still [...]

Weekly Stock Index ( 14th to 19th March ) : DJ, SSE, HS

Dow Jones

Dow Jones has made a spectacular and non stop recovery since its February low from 9927 point to the current 10790 point. On Thursday, the index broke through January high of 10736 point but friday’s black spinning top candlestick formation suggest that a correction may be on the card. RSI is heavily overbought and [...]

Weekly Stock Market Index (5 -12 March): DJ, SSE, Nikkei

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Weekly Index Move 1 - 7 March - DJ, SSE, Nikkei

Dow Jones

The Dow Jones has made a burst through the small ascending triangle on Friday and from the looks of it looks like it will take on the previous high of 10728. 13,26D MA has turned up with the development of this rebound trend. We have to observe the DJ move as it test 10728 [...]

21 Feb : Weekly Index Move - DJ, Hang Seng, Nikkei

Dow Jones

This is a week of rebound for Dow Jones Index albeit a lack of volume to show the strength in this bullish move, i am still skeptical of the rebound. Dow Jones has broken the down channel and rebounded to 10400 point region taking it past the 13, 26D MA. Should it continue to [...]

16 Feb : A story of Blackberry Phone - RIMM

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Weekly Index Move 6 – 13 Feb: DJ, SSE, Hang Seng

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