This blog is committed to the serious study and valid understanding of technical analysis and its objective application to stock selection, risk management and execution primarily in the context of trading stocks listed in the Philippine Stock Exchange (PSE).

Wednesday, October 15, 2008

DJIA 10/14/08

MARKET BREADTH NYSE
Net Advancing Issues 302
Net New Highs -94
Net Up Volume -47,849,492

TRENDS
*PRIMARY DOWNTREND | Prior support 10827-BROKEN | Prior resistance 13136
*INTERMEDIATE DOWNTREND | Prior support 10827-BROKEN | Prior resistance 11867
*SHORT TERM DOWNTREND | Prior support 7882 | Prior resistance 10882

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