DJIA and Nasdaq 100

for the week starting 1 Apr 2013
2nd Quarter begins today.
It was a big change day today.
I am moving up from my current office, to 8 levels above.
Although I still works in the same enterprise, but I get a new team, they are relatively smaller in size.
I get a new team!
Though I am not excited for the time being, as I still moan over losing my current team, I miss the great time together, great office, great challenges.  I am not sure how the new team would be able to embrace the challenges in a friendly manner as we did.
I hope, by stepping into the new office - I will get excited again.
Yesterday once more, different people, same product, different ways to manage.
Wall Street
2nd Quarter begins..
So we are looking forward to NFP by Labour Department, this week.

Economists surveyed by Briefing.com are expecting the U.S. economy to have added 178,000 jobs in March and the unemployment rate to hold steady at 7.7%.
This would mark a pull-back from the February jobs report, in which the Labor Department reported that the economy added 236,000 jobs, much stronger than the 119,000 added in January.

from Money CNN

DJIA
Market closed at 14,578.54 pts last Friday.
New highs, new expectation for pullback.
Not before reaching 14,650 - 14,700 pts, next target 15,050 pts.
Uptrend intact, keep testing EMA50 support line (4 hour chart)
Strong Support 14500 pts.
With European crisis back to the limelight, I take short term position (1-2 days) than to sit and hold for days, even week.
Today's trade:
Enter Long at 14,560;
SL 40 pts @ 14,520 pts;
TG 120 pts @ 14,680 pts or EOD.
Nasdaq 100
Nasdaq 100 is slight bullish compare to DJIA, support 2800.
Resistance 2835.
Enter Long 2814 pts;
SL 8 pts @ 2806 pts;
TG 1: 2831 pts
TG 2: 2839 pts or EOD.


Cheers
Ayumi