2008Feb06

For several days I was consistently posting the resistance for the DOW.

You need to know the support and resistance for the market and the trend.

In a declining market, don't chase. Let the stock come to you.

Significant Numbers To Watch

DJIA:
11634-Support, the 1/22/08 low
13563-Resistance, the 12/26/07 high
12977-50-day simple moving average
13363-200-day simple moving average


S&P 500:
1270-Support, the 1/23/08 low
1523-Resistance, the 12/11/07 high
1430-50-day simple moving average
1484-200-day simple moving average


NASDAQ:
2202-Support, the 1/23/08 low
2734-Resistance, the 12/11/07 high
2549-50-day simple moving average
2608-200-day simple moving average