Friday, November 10, 2017

11/10/2017 daily and weekly indices update

1. SP500:


  • first weekly loss after 8 weeks winning streak
  • inside day today from Thursday (11/9/2017)
    • usually inside day is a positive sign this year
  • strong resistance around 2585
    • regaining 2585 by daily close will be a good sign for bull to regain the control
    • vice versa to reverse down to test 2565 again

2.  Nasdaq 100:

  • still keep the weekly winning streak to 7 weeks
  • inside day from Thursday (11/9/2017)
    • usually inside day is a positive sign this year
  • resistance around 6312
    • regaining 6312 by daily close will be good sign for bull to regain the control 
    • vice versa to reverse down to test 6240~6248
3. Russell 2000: 

  • 5 weeks down in a row
  • also inside day from Thursday (11/9/2017)
    • usually inside day is a positive sign this year
  • resistance around 1482~1485
    • regaining  1482~1485 by daily close will be a good sign for bull to gain the control to reverse the recent down trend to uptrend
    • vice versa to reverse down to test 1465~1467
4. Dow Industrial:


  • first weekly loss after 9 weeks winning streak
  • inside day today from Thursday  (11/9/2017) but with red candle 
  • resistance  around 23475

      •  regaining 23475 by daily close will be a good sign for bull to regain the control
      • vice versa to reverse down to test 23300
    Note: my personal opinion is not for investment purpose, but for education and illustration


     


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