DJIA and Nasdaq 100

DJIA never look back below 11600 :) Good stop loss, and continue the ride~ new high 11860.

Recall we at Ayumi the Novice Tradeer said on Monday 17-Jan-2011:

Revised Support Level
S1: 11760
S2: 11680
Resistance: 11867
T1: 12033
T2: 12250

While DJIA has hit 11860 tonight, we reckon market to retrace to 11760 before continuation of uptrend.
Those already long at 11600, can try to add another long position when DJIA retrace to 11760, SL 11680 or 11635 depend on your risk appetite.

Looking forward to 12033! :)

Nasdaq 100


Phew, intraday pick long on 17-1-2011 is dead.  Or for those who saw Nasdaq 100 open Gap down at 2300 and stay out, thank God!

Weekly position, nice!
Nasdaq 100 is doing correction tonight, a bit worry about the Long position @ 2300 being squared out....
As long as support 2295 is not breached (SL 2294), we are safe to ride the trend until 2380!