Skip to main content

2004 V/S 2010

Analyst are predicting 2010 is some sort of 2004 reflection year in the market. If that is true, In 2004 March 5 TH market topped to 1163 and on March 24 Th Market Bottom on 1085, about 80 point down movement. If this movement is repeating in 2010 March 5 Th market top was yesterday about 1138 , and we can see down movement starting next week onwards .








































Labels:

Popular posts from this blog

AMD Technical Analysis

c AMD- December 2024 Current Price Trends and Short-Term Analysis Hourly Chart (Short-Term) The short-term trend for AMD on the hourly chart is currently down , indicating some immediate bearish momentum. However, there are early signs of a turnaround as the price edges up from $132 toward the $145 level. Significant resistance exists at $145 , which will act as a crucial test for further upward momentum. Until AMD decisively breaks this level, the price action is likely to remain choppy and sideways . Immediate-Term Outlook In the immediate term, AMD appears to be stabilizing and attempting to shift upward. The current price action suggests that the stock may oscillate within the range of $132 to $145 in the short term, building a base for a potential breakout. Key resistance levels are $145, $150, and $155. Medium-Term (Three-Month Daily Chart) Trend Overview On the three-month daily chart, AMD exhibit...
Read more

SPX

SPX is holding the support.. This is the key support tested multiple time overtime. VIX today hit on 30 s and sellers came and brought VIX back to 33 s .
Read more

Market Shadows: Bullish Efforts Overshadowed by Persistent Bearish Presence

Monthly Market Review: April's Unexpected Decline and May's Outlook Monthly Market Review: April's Unexpected Decline and May's Outlook April: A Downward Shift in the Market April marked the first down month of 2024, with significant declines across major indices. The S&P 500 (SPX) fell by 218 points, the Nasdaq (NDX) dropped by 721 points, and the Russell 2000 (Russel) declined by 150 points. Typically a mild or upward-trending month, April's downturn was influenced by macro-political issues that escalated market volatility, continuing the exuberant price actions from the previous month. May Forecast: Debunking "Sell in May and Go Away" Contrary to the old market adage "Sell in May and go away," the last 10-15 years have not supported this strategy statistically. May tends to be a highly volatile month,...
Read more