http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx Weekly stock market trend analysis, technical indicators and alerts. Copyright 2006 www.thegreedytrader.com en-us Sun, 30 Oct 2011 14:30:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=233 Dow Jones, NASDAQ, and More than 40% of S&P 500 members have the Downtrend Resistance Alert. Sun, 30 Oct 2011 14:30:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=232 S&P 500 index may break the support around 1100 and move down to the next support area around 1000 - 950. Mon, 5 Sep 2011 16:30:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=231 S&P 500 index has fallen below the Parabolic SAR (stop and reversal). Price is close to the 50 Day Moving Average. Sun, 13 Mar 2011 18:45:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=230 S&P 500 medium-term uptrend has a five wave's structure. The fifth sub wave is near completion. Sun, 26 Dec 2010 22:10:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=229 The S&P 500 technical indicators are pretty close to the beginning of October 2007, just a week prior the beginning of the bear market of 2007-2009. Sun, 17 Oct 2010 13:30:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=228 More than 10% of S&P 500 index members made a new 52-week high, but almost a half of them closed this week below the previous week's close. Sun, 12 Sep 2010 16:35:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=227 Daily and weekly indicators are oversold for all three major US indices. More than 28% of S&P members are oversold, and more than 22% have a Trend Support Alert. Sun, 4 Jul 2010 16:15:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=226 More than 60 S&P members have the Downtrend Resistance Alert. Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Sun, 20 Jun 2010 13:15:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=225 More than 30% of S&P 500 members have an uptrend support alert. This alert indicates that stock price is near the monthly uptrend support level. Sun, 23 May 2010 18:15:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=222 Dow Jones gained 68.03% in 53 weeks. The chart has formed a Rising Channel chart pattern. Fifth wave up is in progress. Sun, 21 Mar 2010 182:00:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=221 NASDAQ medium-term trend has formed a five-wave structure. The fifth wave is in progress now. The price is near the trend resistance line (2331.43). Sun, 5 Mar 2010 12:15:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=220 Dow Jones has advanced above the 50 Day Moving Average. MACD line has moved above its signal line. Both crossovers are considered as bullish signals. Sat, 19 Feb 2010 16:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=219 The Dow Jones lost 932.06 points, or 8.66%, since January 14. The downtrend has formed a falling channel pattern. Sat, 7 Feb 2010 18:50:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=218 The Dow Jones is near the support line. Daily technical indicators are oversold. Almost 20% of S&P 500 members have an uptrend support alert. Sat, 31 Jan 2010 17:10:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=217 S&P MACD line has moved below its signal line; the price has crossed below the 50 Day MA and has closed below the lower Bollinger Band. Sat, 24 Jan 2010 16:25:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=216 The trend following indicators have turned bullish, while almost 20% of S&P 500 members are overbought. Sat, 25 Dec 2009 11:450:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=215 Strong resistance caused a sharp stock market sell off. The S&P 500 index has lost 3.3% in two days. Sat, 27 Sep 2009 16:40:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=214 S&P 500 is forming a rising wedge chart pattern. The next up leg could reach the resistance around 1075 in October. Sat, 6 Sep 2009 16:30:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=213 109 out of S&P 500 members are overbought, 51 stocks have daily MACD bearish divergence. Sat, 25 Jul 2009 21:50:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=212 The S&P 500 has an Uptrend Exhaustion alert. Chart has formed the head and shoulders pattern. Price is near the neckline. Sun, 12 Jul 2009 10:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=211 The S&P 500 index has an Uptrend Exhaustion alert. The next resistance level is near 1044. The support is near 470. Sun, 7 Jun 2009 17:45:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=210 The S&P 500 index has a downtrend resistance alert. The weekly ABC zigzag pattern is almost completed. Resistance is near 944. Sun, 10 May 2009 18:40:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=209 The S&P 500 upside potential is limited and chances are high that price will turn down soon. The support is near 805. Sun, 3 May 2009 11:25:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=208 S&P 500 chart has formed the broadening descending wedge. The uptrend may pause for a while to reset technical indicators. Sun, 29 Mar 2009 13:45:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=207 S&P 500 chart wave analysis and technical indicators suggest that the downtrend might be close to completion with the target around 650. Sun, 22 Feb 2009 12:35:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=206 Since mid October the S&P 500 is forming a horizontal expanding triangle pattern. The support is near 600, and resistance around 959 Mon, 19 Jan 2009 19:55:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=205 S&P 500 resistance is near 965 now and the support is near 738. S&P may turn down to retest the support line once more. Sun, 30 Nov 2008 13:40:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=204 S&P 500 technical indicators have bullish divergence. It is usually considered as an indicator that bears are losing power. Sun, 14 Nov 2008 16:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=203 All three major indices have formed a triangle pattern. Usually, in a mature trend a it is considered as a reversal pattern. Sun, 12 Oct 2008 11:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=202 According to the technical indicators, the sharp market down wave might be close to completion. Sun, 12 Oct 2008 17:10:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=201 Average length of a bear market - 18.5 months (current - 12). Average bear market decline - 36% (current - 28%). Sun, 5 Oct 2008 15:10:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=200 The Dow Jones, S&P 500 and Nasdaq have posted the biggest gains since October 11, 2002 in two consecutive trading sessions. Sun, 19 Sep 2008 20:00:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=199 Dow Jones long-term chart has formed a head and shoulders pattern. After retesting the neckline Dow has resumed the long-term downtrend. Sun, 7 Sep 2008 22:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=197 Nasdaq is forming a triangle chart pattern. It usually represents an area of indecision, where the direction of the movement is questioned. Sun, 17 Aug 2008 13:15:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=196 The down trend might not be completed yet, and it may resume soon. On Friday, S&P 500 Index has formed a Bearish Advance Block candlestick pattern. Sun, 20 Jul 2008 12:55:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=195 Dow Jones long-term chart is forming a head and shoulders pattern. The projected price target is near 9000. Sun, 13 Jul 2008 12:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=194 The QQQQ weekly rising channel (March 17-June 5) is broken. The new falling channel is forming, and the price is near the channel support. Sun, 29 Jun 2008 14:50:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=192 For the last several month the Nasdaq Composite index outperformed the Dow Jones and Standard & Poor's 500 Indices. Sun, 22 Jun 2008 15:25:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=190 The QQQQ weekly technical indicators are overbought. The price is retesting the rising channel support. Sun, 1 Jun 2008 10:35:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=189 The QQQQ might see a brief rebound or pause, but the technical indicators and the wave structure suggest that the downtrend may continue. Sun, 25 May 2008 15:05:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=188 Weekly and daily Lane's Stochastic is overbought. Daily W%R is strongly overbought. MACD has bearish divergence. The channel resistance is near 50.6. Sun, 16 May 2008 22:20:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=187 The QQQQ price is near support. If support holds, the QQQQ may reach the channel resistance level near 49.6. Overall risk/reward ratio is still pretty high. Sun, 11 May 2008 19:50:00 EDT http://www.thegreedytrader.com/QQQQTrendAnalysis.aspx?p=186 Short-term perspectives are negative. Daily technical indicators are overbought. Price (48.77) is near the rising channel resistance line - 48.94. Sun, 4 May 2008 20:30:00 EDT