Dow Jones 01/09/2010

DJ breakout

DJ & S&P 500 24/08/2010

DJ and S&P broke down from the falling wedge pattern. Also broke the Head and Shoulders pattern. There should be more downside.

DJ


S&P 500

DJ & S&P 500 22/08/2010

DJ and S&P 500 are trading in a falling wedge.

DJ


S&P 500

DJ & S&P 500 11/08/2010

DJ and S&P clear breakdown off the uptrend channel.

DJ


S&P 500

DJ & S&P 500 29/07/2010

DJ & S&P 500 still trading in uptrend channels. Both hit the mini channel support. If the yellow mini channel support is broken, might see the test of brown uptrend channel.
Previous charts are here.

DJ


S&P 500

DJ & S&P 500 23/07/2010

DJ & S&P 500 trading in uptrend channels. Both broke out of the symmetrical triangles.

DJ


S&P 500

DJ & S&P 500 20/07/2010

DJ & S&P 500 hit the triangle breakdown targets and pulled back. Today they broke out of the down channels.

DJ


S&P 500

DJ & S&P 500 16/07/2010

DJ & S&P.
First channel breakdown. Now triangle breakdown.

DJ & S&P 500 15/07/2010

DJ & S&P breaking the uptrend channels.

DJ



S&P 500

DJ & S&P 500 15/07/2010

DJ & S&P 500.

Still trading in uptrend channel.

DJ


S&P

DJ & S&P 500 07/07/2010

Both DJ and S&P 500 trading in new up channel now.

DJ


S&P 500

DJ & S&P 500 06/07/2010

S&P 500 and DJ broke out of the down channel.

DJ 03/07/2010

Dow Jones.

Pretty much the same story as S&P500. However, it cannot remain in this channel forever. It will retrace at some point when it breaks the channel. Trend still downwards.

DJ, SnP 500 23/06/2010

DJ & S&P chart update.

DJ



S&P

Dow Jones 15/04/2009

DJ has broken the up trend line. Need to be careful if it fails to close above the trend line. We also have a rising broadening formation which suggests caution on the long side.