Wednesday, July 1, 2009

NDX - Update Daily and Hourly

Close (1481.34)=(+4.09)

Below 1487 I expect [1340-1360] short-term
Below 1535 I expect [1230,1260] medium term.
Important Suport (Big Picture):[1390,1410]
Important Resistance (Big Picture):[1510,1535]
Important Thursday
-Resistance Hourly 1487 and daily 1510,1535.
-Suport 1435 and 1467.
-Control MACD hourly and 1467.
New sell signal MACD at close with divergence bearish but need confirmation with close hourly below 1467.
Close hourly below 1467 we will see 1435 and bears will try to attack important suport [1390-1410].

Plan Thursday
Open more short if:
New sell signal macd hourly and close hourly above 1466 rule number 3,4,6.
Click to zoom in.