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Nasdaq June 23
- 1. Reporting On All Commodity Markets Nasdaq 15 Min 6/23/2010 cyclicalcharts.com Chart Points Averages 1980 1981.50 Swing High 1960 1940 1935 1938.75 Swing High 1930 1925 1920 1915 1916.75 Swing High 1918.40 Momentum 1910 1905 1900 1901.10 Momentum 1895 1895.30 Major 1890 1885 1889.50 Swing High 1889.50 Major 1880 1875 1870 1873.75 Settlement 1873 75 Settlement 4.50 - 4 50 - 1873.75 Settlement 1873 75 Settlement 1865 1860 1855 1857.75 Swing Low 1850 1845 1840 1844.00 Swing Low 1835 1830 1825 1820 1815 1770 1770.00 Swing Low 1755 1754.25 Swing Low Near Term Near Term Trend Momentum Market Condition: Down 1889.50 - 1895.30 1901.10 - 1918.40 Trade below all the near term averages is suggesting a near term trend change to down. Aggressive Resistance Major Resistance The above averages will function as resistance. This data and these documents are provided for information purposes only. Although all information is believed to be reliable, we cannot guarantee the accuracy or completeness.
- 2. Reporting On All Commodity Markets Nasdaq Daily 6/23/2010 cyclicalcharts.com Chart Points Averages 1980 1983.00 Swing High 1976.25 LT Momentum 1960 1940 1935 1938.00 Weekly High 1938.90 LT Momentum 1930 1925 1920 1915 1910 1905 1900 1900.00 Swing High 1895 1890 1890.10 NT Momentum 1885 1884.10 Aggressive 1880 1880.60 Major* 1875 1870 1873.75 Settlement 1873 75 Settlement 4.50 - 4 50 - 1873.75 Settlement 1873 75 Settlement 1865 1860 1855 1850 1845 1840 1835 1830 1825 1820 1815 1815.30 NT Momentum 1770 1770.00 Swing Low 1755 1753.00 Swing Low Long Term Near Term Momentum Trend Momentum Aggressive 1976.25 1889.60 1884.80 1890.10 1889.60 Market Condition: Downtrend 1938.90 1880.60 1815.30 The market is in a strong short position below Overhead Resistance 1938.90 & 1976.25 Resistance 1890.10 1890.10. Support is not featured until 1815.30. Major Resistance 1880.60 - 1889.60 Support 1815.30 This data and these documents are provided for information purposes only. Although all information is believed to be reliable, we cannot guarantee the accuracy or completeness.
- 3. Reporting On All Commodity Markets Nasdaq Weekly 6/23/2010 cyclicalcharts.com Chart Points Averages 1980 1989.00 NT Momentum 1960 1940 1935 1938.00 Weekly High 1930 1925 1925.00 Last Weeks High 1920 1915 1916.00 NT Momentum 1910 1905 1900 1895 1890 1885 1880 1875 1874.90 Aggressive 1870 1873.75 Settlement 1873 75 Settlement 4.50 - 4 50 - 1873.75 Settlement 1873 75 Settlement 1865 1860 1855 1858.00 Weekly Low 1850 1845 1840 1844.00 Last Weeks Low 1835 1836.30 Major** 1830 1825 1820 1815 1770 1770.00 Previous Low 1777.20 Major*** 1755 1753.00 Previous Low Long Term Near Term Momentum Trend Momentum Aggressive 1672.30 1874.60 1989.00 1874.90 Market Condition: Uptrend / Correcting Lower 1606.40 1836.30 1777.20 1916.00 Trade below the aggressive average at 1874.90 is reinstating a corrective market inviting a retest of Weekly Uptrend above 1777.20 Near term indicators are Down major averages below the market. This data and these documents are provided for information purposes only. Although all information is believed to be reliable, we cannot guarantee the accuracy or completeness.
- 4. Reporting On All Commodity Markets Nasdaq Monthly 6/23/2010 cyclicalcharts.com Chart Points Averages 1980 1960 1940 1935 1938.00 June 10 High 1930 1925 1920 1915 1910 1905 1900 1895 1890 1885 1880 1875 1870 1873.75 Settlement 1873 75 Settlement 4.50 - 4 50 - 1873.75 Settlement 1873 75 Settlement 1865 1873.10 Aggressive 1860 1855 1850 1845 1840 1835 1830 1825 1820 1815 1770 1770.00 June 10 Low 1755 1753.00 May 10 Low Long Term Near Term Momentum Trend Momentum Aggressive 1706.70 1689.50 2004.30 1873.10 Market Condition: Uptrend 1437.80 1662.20 1679.90 Major monthly support is featured between 1706.70 - 1662.20. Uptrend above 1706.70 - 1662.20 Near term indicators are Mixed This data and these documents are provided for information purposes only. Although all information is believed to be reliable, we cannot guarantee the accuracy or completeness.
- 5. 6/23/2010 15 Min Daily Weekly Monthly Resistance 1980 1981.50 Swing High 1981.50 Swing High 1976.25 LT Momentum 1976.25 LT Momentum 1989.00 NT Momentum 1989.00 NT Momentum 1980 Major 1960 1960 1940 1940 Resistance 1935 1938.75 Swing High 1938.90 LT Momentum 1938.00 Weekly High 1938.00 June 10 High 1935 Major 1930 1930 1925 1925.00 Last Weeks High 1925 00 Last Weeks High 1925 1920 1920 Resistance 1915 1918.40 Momentum 1916.00 NT Momentum 1915 Moderate 1910 1910 1905 1905 1900 1901 10 Momentum 1901.10 Momentum 1900.00 Swing High 1900 00 Swing High 1900 1895 1895.30 Major 1895 Resistance 1890 1890.10 NT Momentum 1890 Aggressive Resistance 1885 1889.50 Major 1884.10 Aggressive 1885 Aggressive 1880 1880.60 Major* 1880 1875 1874.90 Aggressive 1874 90 Aggressive 1875 Settlement 1870 1873.75 Settlement 1873.75 Settlement 1873.75 Settlement 1873.75 Settlement 1870 Settlement 1865 1865 1860 1860 1855 1857.75 Swing Low 1858.00 Weekly Low 1855 1850 1850 1845 1845 1840 1844.00 Swing Low 1844.00 Last Weeks Low 1840 Support 1835 1836.30 Major** 1835 Moderate 1830 1830 1825 1825 1820 1820 Support 1815 1815.30 NT Momentum 1815 Moderate Support 1770 1770.00 Swing Low 1770.00 Swing Low 1777.20 Major*** 1770.00 June 10 Low 1770 Major Support 1755 1754.25 Swing Low 1753.00 Swing Low 1753.00 Previous Low 1753.00 May 10 Low 1755 Major Position ‐ Short ‐ Strong Short below 1890.10 / Exit on a Close above 1890.10 Shorts ‐ Downtrend below 1890.10 ‐ Profit Target 1836.00 / 1815.00 / 1780.00 / 1755.00 Longs ‐ The market is in a weak position below 1890.10 / Weekly Uptrend above 1777.20 Comments ‐ The market will remain weak below 1890.10 inviting lower numbers. This data and these documents are provided for information purposes only. Although all information is believed to be reliable, we cannot guarantee the accuracy or completeness.