Wednesday, May 8, 2013

Market LookBeck

Dow Jones Industrial Average 15105.12 48.92 0.32%
S&P 500 Index 1632.69 6.73 0.41%
Nasdaq Composite 3413.26 16.64 0.49%
Nasdaq 100 2968.24 15.35 0.52%
Russell 2000 970.40 2.58 0.27%
Spot Gold 1473.79 24.02 1.66%
Crude Oil 96.71 1.29 1.35%
NYSE Overall Volume 3,525,236K n/a 7.55%
Nasdaq Overall Volume 1,724,639K n/a 1.86%
NYSE Breadth 2.19 : 1 positive
Nasdaq Breadth 1.72 : 1 positive
NYSE Breadth Ratio 68.67
Nasdaq Breadth Ratio 63.25
NYSE Advancers/Decliners 949
Nasdaq Advancers/Decliners 362
NYSE Trin 0.88
Nasdaq Trin 0.79
$VIX 12.66 -0.17

MONTHLY - Bullish - Fifth consecutive bullish monthly bar close with higher high.

WEEKLY - Bullish - Large gap and hold on Friday causes weekly bar to have a large range expansion to upside. Continued new higher all time highs on this timeframe.

DAILY - Bullish - Yesterday's move came within six points of upper trend channel resistance. Risk of initiating new longs in this area is high.

                                          ES
                        NQ
Value Area High 1627.75 2964.25
Point of Control 1626.25 2961.75
Value Area Low 1623.00 2955.75
R3 1643.25 2993.83
R2 1636.25 2979.42
R1 1632.50 2970.58
Pivot 1625.50 2956.17
S1 1621.75 2947.33
S2 1614.75 2932.92
S3 1611.00 2924.08