Sunny Side of the Street Daily

Stock Picks, Analysis and Education.

[ Dow Jones | S&P EMini | QQQQ | Forex | PHW Stock Selection ]

Date: 03/18/2011

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Dow Jones 30 Industrials

Heading back up to Attractor at 12,044.61. Probable resistance at that point. Retracement went back down to the 23.6% Fibonacci retracement and took a nice bounce. Sunny's DMA turned down on 3/9/11 and has caught almost 100 points of profit so far. The Attractor at 11255.70 also matches the Fibonacci 38.2% retracement line; I wouldn't be at all surprised to see the Dow turn back down to test this level.

S&P 500 EMini

Heading back up to Attractor at 1298.02. Probable resistance at that point.

QQQQ

Heading back up to Attractor at 56.34. Probable resistance at that point.

Forex

GBPUSD pair is stretching for the overhead Attractor at 1.66639. It hit resistance at 1.63671 and dropped back down, but is now making another run for that marker. If it breaks through it will likely continue on up the the aforementioned Attractor.

My DynamicMovingAverage (DMA) is still in the Long configuration since

Stock Selection

• These stocks are sorted by highest PHW. (See the PHW Total column.) High PHWs indicate the greatet trading opportunities.
• To view the full list of 500 stocks you will need to purchase the PHW Indicator for RadarScreen here.
• The other indicators shown on this chart are also available (RedLiteGreenLite; PennantFinder; DynamicMovingAverage; DynamicMovingAverage Histogram).