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Not Updated since 9/1/2010 9/2/2010  
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US-FURNISHNG
DJ FURNISHINGS INDEX
Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 08.27.2010 (5) days ago, when the index value was 133.2. Since then US-FURNISHNG has gained 5.54% .

The previous SELL-IF signal is now null and void. We allowed two days for the confirmation of the bearish pattern and market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the index and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Data provided by:  End of Day Data

 
HOLD
140.62
+6.7500 +5.04%
Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu
Candlestick Pattern
 

Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
For more about this candlestick click here.


 
 
Index Value
Day's Close 140.62
Previous Close 133.87
Previous Open 134.11
Change +6.7500
% Change +5.04%
Volume 1,454,012
 
Index Activity
Day's Open 134.13
Day's High 141.06
Day's Low 134.13
20-Day Close M.A. 141.01
50-Day Close M.A. 145.28
65-Day Volume M.A. 1,578,814
 

Two-Year Signal History
Date          Price   Signal $100
Became
08.27.10 133.24    Buy 975
08.23.10 138.43    Sell 975
08.04.10 147.70    Buy 1,041
07.28.10 153.15    Sell 1,041
07.20.10 142.97    Buy 972
06.30.10 148.57    Sell 972
06.28.10 155.55    Buy 1,017
06.17.10 164.31    Sell 1,017
06.10.10 151.42    Buy 937
06.01.10 165.76    Sell 937
05.25.10 159.49    Buy 902
05.04.10 180.40    Sell 902
04.29.10 175.58    Buy 878
04.26.10 178.74    Sell 878
04.20.10 162.69    Buy 799
04.16.10 163.29    Sell 799
04.09.10 155.72    Buy 762
03.31.10 155.51    Sell 762
03.29.10 153.69    Buy 753
03.15.10 154.78    Sell 753
02.26.10 139.22    Buy 677
02.23.10 139.79    Sell 677
02.12.10 134.40    Buy 651
02.04.10 137.44    Sell 651
02.02.10 132.41    Buy 627
01.12.10 144.73    Sell 627
01.08.10 144.32    Buy 626
12.30.09 140.34    Sell 626
12.22.09 137.80    Buy 614
12.17.09 137.09    Sell 614
12.10.09 132.96    Buy 596
12.08.09 133.03    Sell 596
12.02.09 130.47    Buy 584
11.30.09 126.96    Sell 584
11.24.09 127.88    Buy 589
10.27.09 136.29    Sell 589
10.23.09 136.55    Buy 590
10.21.09 133.06    Sell 590
10.06.09 124.46    Buy 552
10.01.09 130.98    Sell 552
09.29.09 129.78    Buy 547
09.23.09 136.05    Sell 547
09.04.09 120.10    Buy 482
08.31.09 125.25    Sell 482
08.19.09 117.68    Buy 453
08.05.09 125.16    Sell 453
07.23.09 108.77    Buy 394
07.21.09 108.29    Sell 394
07.13.09 92.120    Buy 335
06.30.09 102.75    Sell 335
06.25.09 97.490    Buy 318
06.23.09 96.960    Sell 318
06.19.09 99.270    Buy 326
06.11.09 105.95    Sell 326
06.01.09 98.830    Buy 304
05.20.09 99.530    Sell 304
05.18.09 97.350    Buy 297
05.05.09 110.33    Sell 297
04.16.09 86.920    Buy 234
04.14.09 86.630    Sell 234
04.01.09 77.390    Buy 209
03.30.09 82.940    Sell 209
03.25.09 74.960    Buy 189
03.20.09 69.750    Sell 189
03.11.09 58.670    Buy 159
02.10.09 87.340    Sell 159
02.05.09 80.180    Buy 146
01.30.09 84.720    Sell 146
01.23.09 82.110    Buy 141
01.07.09 103.55    Sell 141
12.26.08 93.670    Buy 128
12.22.08 97.080    Sell 128
12.18.08 97.600    Buy 129
12.15.08 93.900    Sell 129
11.24.08 77.920    Buy 107
11.05.08 122.21    Sell 107
10.30.08 115.01    Buy 100
10.22.08 123.09    Sell 100
10.20.08 123.39    Buy 101
10.15.08 133.50    Sell 101
10.13.08 130.24    Buy 98
10.03.08 158.28    Sell 98
10.01.08 168.35    Buy 104
09.24.08 174.63    Sell 104
09.19.08 182.16    Buy 109
09.11.08 179.93    Sell 109
08.26.08 165.09    Buy 100
08.19.08 168.63    Sell 100
08.15.08 169.59    Buy 101
08.13.08 167.53    Sell 101
08.11.08 166.63    Buy 100
08.07.08 163.00    Sell 100
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