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Monday, May 3, 2010

Stock Market Trading Analysis-- May 03, 2010- NDX SPX, DOW Trading

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Stock Market Trading Analysis-- May 03, 2010- NDX SPX, DOW Trading:

With the Nasdaq 100 re-visiting today's high which is around 2038, the proprietary stock market trading models are telling us to expect motivated sellers at this price and time. QQQQ is currently at 50.16.



Update on May 04, 2010 (lunch time):

With NDX at 1958, trading models are telling us to cover the short suggestion they made yesterday. (2038-1958) is 80 NDX points. It is significant in less than 6 hours of trading.


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Happy trading,

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