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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: mlkr who wrote (1366)6/16/2010 8:08:53 PM
From: Jibacoa1 Recommendation  Respond to of 1404
 
UYG is trying to get off from its recent DT coming from the April 15 G at 77.90

Today it was down and continued to drift down a little AHs.

bigcharts.marketwatch.com

In the last 3Qs of its last fiscal Yr. it benefited by good comparisons with 2009.
But in the 1stQ (August) results aren't expected to show as good a comparison, since in the last Q there was some sequential decline and in the 1stQ of 2010 the results were almost the same as in the last Q of 2010

The resistance level to watch is 60
If it can close above the April H it could get to test the 100 level.<g>

bigcharts.marketwatch.com

Bernard



To: mlkr who wrote (1366)6/16/2010 8:16:55 PM
From: Jibacoa1 Recommendation  Read Replies (1) | Respond to of 1404
 
URE is now off from the DT coming from the April 30 H at 49.29
The resistance to watch is the 45 level. <g>

bigcharts.marketwatch.com

The last 4Qs showed sequential improvements and good comparison with prior Yr.

The 1stQ (August) will probably still show a good comparison with 2010 results.

On a close above the April Hs, it seems it could get to the 80 or 90 level.<g>

bigcharts.marketwatch.com

Bernard


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