Citigroup technical analysis

Today we'll analyze the Stock C for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 25.72$ (02/27/08) to 19.69$ (03/10/08) a 6.03$ move
2- The current bullish trend started from 19.69$ at 03/10/08 and is currently trading at 21.07$.

3- The stock current support level is at 19.69 which is the 0.00% fibonacci retracement of the last 6.03$ move.
4- The stock current resistance level is at 21.11 which is the 23.60% fibonacci retracement of the last 6.03$ move.
5- The Stock was resisted by a resistance line, identified by two points: 25.72 and 29.69, and is currently resisting at 23.1512.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.

Conclusion:
C is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 47.14, 48.29, 21.11, 21.99, 22.70, 23.15, 23.42, 25.72, 27.36, 29.45.
Support Levels: 20.74, 20.54, 20.38, 20.22, 19.69, 19.69.

Baidu.com, Inc. Technical Analysis

Today we'll analyze the Stock bidu for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 258.85$ (02/27/08) to 240.52$ (03/03/08) a 18.33$ move
2- The current bullish trend started from 240.52$ at 03/03/08 and is currently trading at 268.09$.

3- The stock current support level is at 263.84 which is the 127.20% fibonacci retracement of the last 18.33$ move.
4- The stock current resistance level is at 270.18 which is the 161.80% fibonacci retracement of the last 18.33$ move.
5- The Stock formed a 26.7$ height triangle which was broken up at 260.39 in higher than usual volume, target of the pattern is 287.09.
6- According to ADX, the trend is currently bullish,which is becoming weaker.

Conclusion:
bidu is currently trading a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 270.18, 287.09.
Support Levels: 263.84, 261.58, 258.85, 257.56, 254.30, 251.85, 251.08, 251.05, 249.68, 247.52, 244.85, 240.52, 240.52,.

NASDAQ COMPOSITE INDEX Technical Analysis

Today we'll analyze the Index NASDAQ COMPOSITE INDEX for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 2,326.20$ (01/25/08) to 2,413.36$ (02/01/08) a 87.16$ move
2- The current bearish trend started from 2,413.36$ at 02/01/08 and is currently trading at 2,263.61$.

3- The Index was resisted by a resistance line, identified by two points: 2413.36 and 2706.16 that was broken up at 2263.61 transforming into a supporting line.
4- According to ADX, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
^ixic is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 2,298.95, 2,320.81, 2,338.49, 2,356.16, 2,413.36.
Support Levels: 2,193.76, 2,196.41, 2,193.28, 2,190.15,.

Dow Jones Index Technical Analysis

Today we'll analyze the Index ^DJI for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 12,694.28$ (02/27/08) to 11,740.15$ (03/10/08) a 954.13$ move
2- The current bullish trend started from 11,740.15$ at 03/10/08 and is currently trading at 12,145.74$.

3- The stock current support level is at 12,104.63 which is the 38.20% fibonacci retracement of the last 954.13$ move.
4- The stock current resistance level is at 12,217.21 which is the 50.00% fibonacci retracement of the last 954.13$ move.
5- The Index formed Double Top Pattern at 12694.3.
6- According to ADX, the trend is currently bearish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
^DJI is currently trading a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 12,217.21, 12,329.80, 12,662.63, 12,691.40, 12,694.28, 12,953.80, 13,283.93.
Support Levels: 12,104.63, 12,050.02, 11,990.80, 11,965.33, 11,942.95, 11,895.09, 11,740.15, 11,740.15.

Adobe Systems Incorporated Technical Analysis

Today we'll analyze the Stock adbe for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 35.87$ (02/26/08) to 31.94$ (03/10/08) a 3.93$ move
2- The current bullish trend started from 31.94$ at 03/10/08 and is currently trading at 33.30$.

3- The stock current support level is at 32.87 which is the 23.60% fibonacci retracement of the last 3.93$ move.
4- The stock current resistance level is at 33.44 which is the 38.20% fibonacci retracement of the last 3.93$ move.
5- The Stock formed Double Top Pattern at 35.87.
6- According to ADX, the trend is currently strong bearish,which is becoming weaker.

Conclusion:
adbe is currently trading a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .

Resistance Levels: 40.90, 33.44, 33.90, 34.37, 35.82, 35.86, 35.87, 36.94, 38.30.
Support Levels: 32.98, 32.87, 32.78, 32.62, 32.46, 31.94, 31.94,.

General Motors Corporation (GM) Technical Analysis

oday we'll analyze the Stock GM for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 20.89$ (03/10/08) to 21.77$ (03/11/08) a 0.88$ move
2- The current bearish trend started from 21.77$ at 03/11/08 and is currently trading at 20.31$.

3- The Stock traded in a bearish channel identifed by support at 20.89 and 24.08, resistance between 21.77 and 24.82, the channel is currently supported from below by 20.02 and resisted from above by 21.0922.
4- According to ADX, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
GM is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 20.65, 20.87, 21.04, 21.21, 21.77.
Support Levels: .

Wal-Mart Stores, Inc. Technical Analysis

Today we'll analyze the Stock WMT for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 51.19$ (02/27/08) to 48.62$ (03/10/08) a 2.57$ move
2- The current bullish trend started from 48.62$ at 03/10/08 and is currently trading at 50.60$.

3- The stock current support level is at 50.21 which is the 61.80% fibonacci retracement of the last 2.57$ move.
4- The stock current resistance level is at 51.19 which is the 100.00% fibonacci retracement of the last 2.57$ move.
5- The Stock is trading in a channel between 48.62$ and51.19$.

6- According to ADX, the trend is currently bearish,which is becoming weaker.

Conclusion:
WMT is currently trading a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 51.19, 51.20, 51.35, 51.89, 52.78.
Support Levels: 50.21, 50.13, 49.90, 49.84, 49.61, 49.60, 49.38, 49.23, 48.63, 48.62, 48.62,.

Teva Pharmaceutical Industries Ltd (TEVA) Technical Analysis

Today we'll analyze the Stock TEVA for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 43.87$ (01/28/08) to 49.65$ (02/26/08) a 5.78$ move
2- The current bearish trend started from 49.65$ at 02/26/08 and is currently trading at 46.32$.

3- The stock current support level is at 46.08 which is the 61.80% fibonacci retracement of the last 5.78$ move.
4- The stock current resistance level is at 46.76 which is the 50.00% fibonacci retracement of the last 5.78$ move.
5- The Stock formed Double Top Pattern at 49.65.
6- The Stock formed a 5.9$ height triangle.
7- According to ADX, the trend is currently bearish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
TEVA is currently trading a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 46.76, 47.11, 47.44, 47.59, 47.99, 48.29, 48.38, 49.65, 49.65, 49.66, 49.70.
Support Levels: 46.08, 43.87, 42.30, 40.30, 43.76, 43.69, 43.59, 43.53, 43.42, 43.04.

AT&T Inc. Technical Analysis

Today we'll analyze the Stock T for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 35.96$ (02/28/08) to 34.65$ (03/10/08) a 1.31$ move
2- The current bullish trend started from 34.65$ at 03/10/08 and is currently trading at 35.50$.

3- The stock current support level is at 35.46 which is the 61.80% fibonacci retracement of the last 1.31$ move.
4- The stock current resistance level is at 35.96 which is the 100.00% fibonacci retracement of the last 1.31$ move.
5- The Stock formed a 4.31$ height triangle which was broken up at 35.45, target of the pattern is 39.76.
6- According to ADX, the trend is currently strong bearish,which is becoming weaker.

Conclusion:
T is currently trading a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 39.52, 39.94, 40.10, 35.96, 36.32, 36.77, 38.67, 39.76.
Support Levels: 35.46, 35.31, 35.30, 35.18, 35.15, 35.08, 34.97, 34.96, 34.65, 34.65, 33.25

Research In Motion Limited (USA) Technical Analysis

Today we'll analyze the Stock RIMM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 107.95$ (02/22/08) to 98.04$ (03/07/08) a 9.91$ move
2- The current bullish trend started from 98.04$ at 03/07/08 and is currently trading at 105.65$.

3- The stock current support level is at 104.16 which is the 61.80% fibonacci retracement of the last 9.91$ move.
4- The stock current resistance level is at 107.95 which is the 100.00% fibonacci retracement of the last 9.91$ move.
5- The Stock formed a 30.05$ height triangle which was broken up at 105.65, target of the pattern is 135.7.
6- According to ADX, the trend is currently strong bearish,which is becoming weaker.

Conclusion:
RIMM is currently trading a strong bearish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 107.95, 110.65, 114.07, 135.70.
Support Levels: 104.39, 104.16, 103.85, 102.99, 102.74, 101.85, 101.83, 100.95, 100.38, 98.04, 98.04,.

Motorola, Inc. (MOT) Technical Analysis

Today we'll analyze the Stock MOT for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 11.67$ (02/13/08) to 9.49$ (03/10/08) a 2.18$ move
2- The current bullish trend started from 9.49$ at 03/10/08 and is currently trading at 9.86$.

3- The stock current support level is at 9.49 which is the 0.00% fibonacci retracement of the last 2.18$ move.
4- The stock current resistance level is at 10.00 which is the 23.60% fibonacci retracement of the last 2.18$ move.
5- The Stock was resisted by a resistance line, identified by two points: 11.67 and 12.63 that was broken up at 9.96 transforming into a supporting line.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.

Conclusion:
MOT is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 10.00, 10.32, 10.58, 10.84, 11.67, 12.26, 13.02, 15.84, 19.11.
Support Levels: 9.77, 9.72, 9.67, 9.63, 9.49, 9.49, 9.27,.

JPMorgan Chase & Co. Technical Analysis

Today we'll analyze the Stock JPM for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 39.59$ (01/18/08) to 48.25$ (02/01/08) a 8.66$ move
2- The current bearish trend started from 48.25$ at 02/01/08 and is currently trading at 38.11$.

3- The stock current support level is at 37.23 which is the 127.20% fibonacci retracement of the last 8.66$ move.
4- The stock current resistance level is at 39.59 which is the 100.00% fibonacci retracement of the last 8.66$ move.
5- According to ADX, the trend is currently bearish, which is getting stronger.

Conclusion:
JPM is currently trading a bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 46.23, 39.59, 40.50, 41.98, 42.90, 43.18, 43.92, 44.38, 44.94, 46.21, 48.25, 48.25.
Support Levels: 37.23, 34.24,.

Goldman Sachs Group, Inc. (GS) Technical Analysis

Today we'll analyze the Stock GS for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 180.80$ (02/27/08) to 155.58$ (03/10/08) a 25.22$ move
2- The current bullish trend started from 155.58$ at 03/10/08 and is currently trading at 165.44$.

3- The stock current support level is at 165.21 which is the 38.20% fibonacci retracement of the last 25.22$ move.
4- The stock current resistance level is at 168.19 which is the 50.00% fibonacci retracement of the last 25.22$ move.
5- The Stock traded in a bearish channel identifed by support at 155.58 and 172.7, resistance between 180.8 and 207.78 which was broken up at 165.44 in higher than usual volume.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.

Conclusion:
GS is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 168.19, 171.17, 180.80, 187.66, 196.39.
Support Levels: 165.21, 163.34, 163.11, 161.67, 161.53, 160.51, 159.35, 155.58, 155.58,.

Intel Corporation (INTC) Technical analysis

Today we'll analyze the Stock INTC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 20.77$ (02/27/08) to 19.87$ (03/06/08) a 0.90$ move
2- The current bullish trend started from 19.87$ at 03/06/08 and is currently trading at 21.28$.

3- The stock current support level is at 21.01 which is the 127.20% fibonacci retracement of the last 0.90$ move.
4- The stock current resistance level is at 21.33 which is the 161.80% fibonacci retracement of the last 0.90$ move.
5- The Stock formed Double Bottom Pattern at 19.87.
6- The Stock formed a 1.39$ height triangle which was broken up at 21.2 in higher than usual volume, target of the pattern is 22.59.
7- According to ADX, the trend is currently bullish,which is becoming weaker.

Conclusion:
INTC is currently trading a bullish wave, which is becoming weaker .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy .

Resistance Levels: 21.33, 22.59.
Support Levels: 21.01, 20.95, 20.77, 20.74, 20.58, 20.43, 20.41, 20.32, 20.23, 20.21, 20.08, 19.94, 19.90, 19.87, 19.87,.

Google Inc. Technical Analaysis

Today we'll analyze the Stock GOOG for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 534.62$ (02/13/08) to 413.62$ (03/10/08) a 121.00$ move
2- The current bullish trend started from 413.62$ at 03/10/08 and is currently trading at 443.01$.

3- The stock current support level is at 442.18 which is the 23.60% fibonacci retracement of the last 121.00$ move.
4- The stock current resistance level is at 459.84 which is the 38.20% fibonacci retracement of the last 121.00$ move.
5- The Stock traded in a bearish channel identifed by support at 413.62 and 495.43, resistance between 534.62 and 574.49, the channel is currently supported from below by 403.394 and resisted from above by 477.663.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.

Conclusion:
GOOG is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 534.62, 459.84, 474.12, 488.40, 534.62, 567.53, 609.40.
Support Levels: 442.18, 436.07, 431.78, 428.32, 424.85, 413.62, 413.62.

Microsoft Corporation Technical Analysis

Today we'll analyze the Stock MSFT for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 35.98$ (12/28/07) to 27.20$ (02/29/08) a 8.78$ move
2- The current bullish trend started from 27.20$ at 02/29/08 and is currently trading at 28.62$.

3- The stock current support level is at 27.20 which is the 0.00% fibonacci retracement of the last 8.78$ move.
4- The stock current resistance level is at 29.27 which is the 23.60% fibonacci retracement of the last 8.78$ move.
5- The Stock was resisted by a resistance line, identified by two points: 35.98 and 36.79, and is currently resisting at 34.8662.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.

Conclusion:
MSFT is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show no favorited direction,
recommend hold or waiting for entry .

Resistance Levels: 29.27, 30.55, 31.59, 32.63, 34.87, 35.98, 38.37, 41.41.
Support Levels: 28.28, 28.08, 27.91, 27.74, 27.20, 27.20, 23.73, 23.16.

E TRADE Financial Corporation (ETFC) Technical Analysis

Today we'll analyze the Stock ETFC for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 5.13$ (02/15/08) to 3.58$ (03/10/08) a 1.55$ move
2- The current bullish trend started from 3.58$ at 03/10/08 and is currently trading at 3.86$.

3- The stock current support level is at 3.58 which is the 0.00% fibonacci retracement of the last 1.55$ move.
4- The stock current resistance level is at 3.95 which is the 23.60% fibonacci retracement of the last 1.55$ move.
5- The Stock was resisted by a resistance line, identified by two points: 5.13 and 5.17, and is currently resisting at 4.986.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
ETFC is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 17.16, 11.14, 3.95, 4.17, 4.36, 4.54, 4.99, 5.13, 5.55, 6.09.
Support Levels: 3.79, 3.75, 3.72, 3.69, 3.58, 3.58,.

International Business Machines Corp. (IBM) Technical Analysis

Today we'll analyze the Stock IBM for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 116.46$ (02/27/08) to 112.52$ (03/06/08) a 3.94$ move
2- The current bullish trend started from 112.52$ at 03/06/08 and is currently trading at 115.91$.

3- The stock current support level is at 114.95 which is the 61.80% fibonacci retracement of the last 3.94$ move.
4- The stock current resistance level is at 116.46 which is the 100.00% fibonacci retracement of the last 3.94$ move.
5- The Stock was supported by a support line, identified by two points: 112.52 and 105, and is currently supporting at 115.653.
6- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
IBM is currently trading a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 117.36, 117.53, 117.71, 116.46, 117.53, 118.89.
Support Levels: 115.65, 115.11, 114.95, 114.62, 114.49, 114.21, 114.03, 113.81, 113.45, 112.52, 112.52,.

AMAT Technical Analysis

Today we'll analyze the Stock amat for online market trading,
Technical indicators to notice:
1- Last bearish trend was from 20.10$ (02/27/08) to 18.88$ (03/03/08) a 1.22$ move
2- The current bullish trend started from 18.88$ at 03/03/08 and is currently trading at 21.06$.

3- The Stock was supported by a support line, identified by two points: 18.88 and 18.48, and is currently supporting at 19.2356.
4- According to ADX, the trend is currently bullish, which is getting stronger.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.

Conclusion:
amat is currently trading a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
.

Resistance Levels: 21.48, 21.48,.
Support Levels: 20.55, 20.23, 19.97, 19.71, 19.24, 18.88, 17.75, 17.46.

AMAZON (AMZN) Technical Analysis

Today we'll analyze amzn stock for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 62.43$ (03/03/08) to 65.34$ (03/04/08) a 2.91$ move
2- The current bearish trend started from 65.34$ at 03/04/08 and is currently trading at 64.09$.

3- The stock current support level is at 63.88 which is the 50.00% fibonacci retracement of the last 2.91$ move.
4- The stock current resistance level is at 64.23 which is the 38.20% fibonacci retracement of the last 2.91$ move.
5- The Stock was resisted by a resistance line, identified by two points: 65.34 and 73.27 that was broken up at 64.99 transforming into a supporting line.
6- According to ADX, the trend is currently strong bearish, which is getting stronger.


Conclusion:
amzn is currently trading a strong bearish wave, which is becoming stronger .
Technical indicators and chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread option strategy .

Resistance Levels: 64.2284, 64.6532, 65.34.
Support Levels: 63.885, 63.5416, 62.43, 61.6385, 61.375, 60.6316.