Technical Analysis on Stocks With Potential

Sunday, April 10, 2011

Areas of Interest & The Indices

Several things are happening around the world as of late. Oil, silver, gold, corn, and other commodities are rising more and more. I personally know the pain because I filled my truck up yesterday.

Major Indices:
The three are all over the place. Some have made new highs and others not so much.

SPX: In my opinion this one looks sickly but still going with the long until I'm wrong. On the other hand it does look pretty much like a double top until 1340-1350 is broken.

INDU: This week's action went beyond the mid/late February high. Keep an eye at these levels.

COMPQ: Last week I forgot to mention this series of gaps. (orange circles) We will see in the weeks ahead if this sustains.




Thanks for visiting QuickTrades and have an amazing evening/day.

Disclosure:I have no positions in any other stocks mentioned here at the time of writing.

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