Dow Jones, S&P and NASDAQ 100

By November 29, 2011 Market Analysis One Comment

Dow Jones closed at 11,555.63 sitting just under strong resistance of 11,565-11,570. Dow Jones future as of this writing is trading at 11,530.

S&P closed at 1195.19 and must hold 1185.00. S&P future is trading at 1192 which is above 1185 critical level.

NASDAQ 100 made high of 2240.63 and closed at 2211.39. It is facing resistance near 2235-2250. It must cross 2250 to continue upward.

AAPL, WYNN, AMZN were weak today. AAPL must cross 381 to continue upward. Break of 363 could take it down to 315.

Tomorrow is month end so any big guy can start selling.

One Comment

  • Parviz Nawab says:

    Noshee,

    The Market has a tendency to humble many traders at the wrong time. I read your comment yesterday and look what it did today

    Tomorrow is month end so any big guy can start selling.

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