PR Log (Press Release) –
Oct 04, 2009 – Bullet Advice for Indian Stocks-U.S.Market Trend
DOW (9487.67) and NASDAQ (2048.11) closed 1.8% and 2.0% down respectively last week.Support for DOW is at 9180 and NASDAQ 1980.Resistance for DOW is at 9756 and NASDAQ 2110.
Trend Of Major Indices and Stocks
Symbol Trend No. of Days WeeklyTrend Month
^DJI Bearish&
nbsp; 4 Flat! Flat!
^IXIC Bearish 2 Flat! Flat!
AA Bearish 8 Flat! Flat!
AXP Bearish 2 Flat! Flat!
BA Bearish 2 Flat! Flat!
C Bearish 2 Flat! Flat!
CAT Bearish 8 Flat! Flat!
DD Bearish 3 Flat! Flat!
DIS Neutral 1 Flat! Flat!
EK Bearish 2 Flat! Flat!
GE Bearish 4 Flat! Flat!
HD Bearish 4 Flat! Flat!
HON Bearish 10 Flat! Flat!
IBM Bulllish 1 Flat! Flat!
INTC Bearish 2 Flat! Flat!
IP Bearish 2 Flat! Flat!
JNJ Bearish 4 Flat! Flat!
JPM Bearish 3 Flat! Flat!
KO Bulllish 1 Flat! Flat!
MCD Bearish 2 Flat! Flat!
MMM Bearish 4 Flat! Flat!
MO Bearish 2 Flat! Flat!
MRK Bulllish 1 Flat! Flat!
MSFT Bearish 4 Flat! Flat!
PG Bearish 4 Flat! Flat!
T Bearish 4 Flat! Flat!
UTX Bearish 8 Flat! Flat!
WMT Neutral 1 Flat! Flat!
XOM Bearish 4 Flat! Flat!
Useful Technical Indicators for Major Indices and Stocks
Symbol Close PVBreakout MFI-21 RSI-14
^DJI 9487.67 Loser 69.12 44.2 28.7
^IXIC 2048.11 Loser 80.54 44.74 30.12
GE 15.36 Loser 69.23 48.03 33.11
IBM 119.02 Neutral 55.05 49.6 21.95
MSFT 24.96 Neutral 66.82 48.65 29.89
PG 56.75 Neutral 53.45 57.03 34.33
MFI=Money Flow Index
RSI=Relative Strength Index
PV=Price Volume
Trading Idea
(1)KO(53.87)Buy at declines and trade.
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