Just going down the line, GOOG closed up on volume heavier than normal. This is a good sign that people like GOOG right now. Going back to 2007, I have $745 as a support area and $762 as new resistance. What a nice run over the past week.
PCLN fell right to the 20/100/200DMA lines. This is awesome. I am thinking of picking up a few weeklies in the morning...assuming it can open at a good level above this support. If the market seems some more downward movements through month end, I'm shorting to a $605 level.
IWM saw a drastic reduction in volume, after a huge selloff yesterday. This one is a head scratcher right now. I'm staying away and seeing what happens over the next few days. It's sitting above support but under the 20DMA.
JPM continues to see support at the 20DMA. Volume was good today.
GLD is falling slowly. I'm considering a GLD short but hit support at the 20DMA. I'm noticing a trend here.
XOM looked a little overbought to me, but returned back to resistance at the $92 level. I'm watching this as a possible shorting opportunity.
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