10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX

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10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX


        1. Rallying on Friday in spite of all the overwhelming bad news of bombing in Iraq and Putin threatening Ukraine is a positive signal for bulls. If that news can’t take the market down, what can?

        2. Last week all support levels held and prices bounced, this is what you would expect for the long term uptrend to stay in place.

        3. $INDU near term support is the 200 day sma, resistance at the 100 day.

        4. $SPY near term support is the 100 day sma, resistance at the 50 day.

        5. $QQQ near term support is the 50 day sma, resistance is at $95

        6. $IWM near term support is the 30 RSI, resistance is at the 200 day.

        7. Closing below or above any of these areas is the first sign of a potential break of the range into a trend for the stock market from these levels.

        8. The risk/reward here favors an up trend at least to near term resistance.

        9. 100 of the strongest stocks

        10. Top Stocks in the UNIVERSE as of 08/09/2014

 

        10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX 10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX 10 Fast Facts About the Stock Market. Resistance & Support. Hottest Stocks $SPY $QQQ $DIA $IWM $SPX

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