Support at 1150 for the emini nasdaq (@nq). The Index is testing the resistance at 1250. Many are betting on a failed breakout. Next resistance at 1400. I think the market will continue the rebound...

GILD is the only stock trading above the 3 moving averages (20, 50, 100).In the Figure you can see a summary of the trend conditions of the Index stocks. I used the 20, 50, 100 and 200 days moving ave...

The market's sharp downturn in recent months has decimated investors' portfolios amid financial turmoil.