Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.
All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.
Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).
Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.
Romanian Market. This is a section dedicated to Romanian stocks and indices.
Friday, December 16, 2011
Check yesterday analysis and see what 1,2900 really means:
Thursday, December 15, 2011
The chart is very explicit and the previous analysis ( http://markettechnicalview.blogspot.com/2011/12/christams-rally-on-s.html ) is confirmed.
AAPL just touched the line in the sand.The 350 area should act as support >in case< the trend breaks.
This might be the perfect opportunity for bulls to step in as we have seen this type of sideways pattern before.
Wednesday, December 14, 2011
RSI shows bullish divergence.
1208 level is strong support.
To sum up, there could be a very important entry level in this area (on the long side of course)
Theese are only fact to wach!!! The price action must confirm this sceanrio before you can buy SP500.