Friday, August 8, 2008

Futures Up in Pre-Market on Friday

Futures are up in pre-market trading about two hours before the open...DJIA +35...S&P +4...Nasdaq +7...Russell +2.90 We're teaching today so it we'll be back around mid-day for a brief recap. In the meantime trade the way you know you should trade...Focus on trend, key support and resistance levels and momentum. Review the posts from the past couple of days to be fresh on the index and stock technicals. What's the Intermediate Term Trend? Neutral What's the Short Term Trend? Up with a one day pull back. What are the key support levels? Tuesday's S1 and nearby Moving Averages. What are the key reistance levels? Highs this week and nearby Moving Averages that are above current levels. Stay Focuses and Best of Success today!

1 comment:

Anonymous said...

Hey Dave

Good call on AMED

working out pretty good

Purplehayes