Nasdaq Comp: Broke out of rising wedge. Next resistance at 2350. Daily and weekly chart is slightly overbought. Monthly chart shows that there is still a lot of room to go.
DJI: Making a rising flag. Daily still not yet overbought. Therefore, it is still possible for it to break higher. If it does, next resistance at 11000.
S&P 500: Daily still not yet overbought. Next resistance is at around 1200-1220.
The summary for the rest:
USA | Monthly | Weekly | Daily |
S&P500 | Up | Up | Up |
DJI | Up | Up | Up (+) |
NasdaqComp | Up | Up | Up |
DJ Transport | Up | Up | Up (+) |
DJ Utility | Up | Up | Neutral |
Russell 2000 | Up | Up | Up |
AMEX Airline | Up | Up | Up |
AMEX Biotech | Up | Up | Up |
AMEX Gold Bugs | Up | Up (+) | Neutral |
AMEX Natural Gas | Up | Up | Up (+) |
AMEX Oil | Up | Up | Up |
AMEX Security Broker | Up | Up | Up |
AMEX Telco | Up | Up | Neutral |
KBW Bank | Up | Up (+) | Up (+) |
KBW Insurance | Up | Up | Up |
PHLX Housing | Up | Up | Up |
PHLX Semiconductor | Up | Up | Up |
S&P Retail | Up | Up | Up (+) |
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