070 Daily Indicator (Trend) Review

[>]
Lawrence Stanczak

Intermediate Term: Bullish. Short Term Correcting
The purpose of this list is to assess market trend and risk using Intermarket analysis of Commodities; Currencies; Bonds; and Stocks as well as Risk Appetite (VIX, CPC, Rato Studies, etc) and Foreign Markets. Nomenclature: Intermediate Trend (IT): 3 or more Months; Short Term (ST) generally 3 days to 3 weeks.

More

000 Commentary

5/17 (after the close) Levels to Watch next week:

1694 - Weekly R2
1678/1680 - Breakout Target; Weekly R1; Monthly R3

1666/1667 - Last Week Close; Last Week High

1650/1653 - ST Support (1650 tested 3X); Weekly PP
1639/1640 - Weekly S1; Monthly R2; 10 DMA
1633/1634 - 13 DEMA; 1634 tested 3X
1627 - Last Week Low
1613 - 20 MA; Weekly S2
1599/1601 - Weekly S3; Round Number; 34 DEMA
1581/1582 - Low from 2 weeks ago; 50 DMA
1571 - 65 DEMA
1536/1537 - Apr 2013 Low; 100 DMA
1496 - 150 DMA
1478 - 200 DMA (close 12.77% above)

[>]

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.