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US-IND-EQUIP
DJ INDUSTRIAL EQUIPMENT 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 718.9. Since then US-IND-EQUIP has gained 5.80% .

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
760.58
+35.510 +4.90%
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 760.58
Previous Close 725.07
Previous Open 723.31
Change +35.510
% Change +4.90%
Volume 20,144,310
 
Index Activity
Day's Open 725.19
Day's High 762.40
Day's Low 725.19
20-Day Close M.A. 757.73
50-Day Close M.A. 746.47
65-Day Volume M.A. 18,535,815
 

Two-Year Signal History
Date          Price   Signal $100
Became
08.27.10 718.91    Buy 1,027
08.19.10 773.48    Sell 1,027
08.17.10 756.41    Buy 1,004
08.10.10 804.71    Sell 1,004
07.30.10 778.06    Buy 971
07.28.10 779.33    Sell 971
07.20.10 722.84    Buy 900
07.15.10 740.48    Sell 900
07.07.10 677.52    Buy 824
06.24.10 739.03    Sell 824
06.21.10 756.05    Buy 843
06.17.10 757.93    Sell 843
06.09.10 688.04    Buy 765
06.07.10 704.31    Sell 765
05.27.10 714.69    Buy 776
05.14.10 800.86    Sell 776
05.12.10 786.78    Buy 763
05.05.10 791.52    Sell 763
04.29.10 811.97    Buy 782
04.27.10 838.33    Sell 782
04.21.10 802.62    Buy 749
04.19.10 797.42    Sell 749
04.05.10 765.93    Buy 719
03.31.10 763.38    Sell 719
03.29.10 754.84    Buy 711
03.25.10 753.52    Sell 711
03.23.10 745.66    Buy 704
03.08.10 733.17    Sell 704
02.26.10 692.25    Buy 665
02.23.10 701.43    Sell 665
02.11.10 648.46    Buy 615
01.15.10 730.42    Sell 615
01.05.10 697.10    Buy 586
12.17.09 682.73    Sell 586
12.10.09 666.07    Buy 572
12.03.09 677.89    Sell 572
11.25.09 677.93    Buy 572
11.19.09 693.46    Sell 572
11.16.09 678.37    Buy 560
11.12.09 683.95    Sell 560
11.03.09 635.13    Buy 520
10.23.09 678.56    Sell 520
10.15.09 645.84    Buy 495
10.13.09 631.70    Sell 495
10.06.09 602.71    Buy 472
09.18.09 642.78    Sell 472
09.04.09 573.86    Buy 421
08.26.09 602.44    Sell 421
08.21.09 578.27    Buy 405
08.17.09 578.96    Sell 405
08.13.09 590.55    Buy 413
08.11.09 585.81    Sell 413
07.31.09 556.62    Buy 392
07.29.09 551.05    Sell 392
07.10.09 453.30    Buy 323
06.30.09 502.06    Sell 323
06.24.09 470.53    Buy 302
06.10.09 534.14    Sell 302
06.01.09 485.89    Buy 275
05.20.09 495.22    Sell 275
05.18.09 470.75    Buy 261
05.07.09 524.34    Sell 261
04.30.09 481.68    Buy 240
04.28.09 466.92    Sell 240
04.23.09 456.32    Buy 235
04.20.09 452.41    Sell 235
04.16.09 437.87    Buy 227
04.14.09 442.35    Sell 227
04.09.09 411.34    Buy 211
04.07.09 428.77    Sell 211
04.01.09 385.89    Buy 190
03.20.09 382.67    Sell 190
03.18.09 366.06    Buy 182
03.16.09 358.16    Sell 182
03.10.09 319.75    Buy 162
03.06.09 321.59    Sell 162
03.04.09 327.31    Buy 165
02.10.09 460.86    Sell 165
02.04.09 424.41    Buy 152
01.30.09 428.70    Sell 152
01.28.09 433.66    Buy 154
01.22.09 461.92    Sell 154
01.15.09 458.05    Buy 153
01.09.09 517.88    Sell 153
12.31.08 475.82    Buy 140
12.22.08 471.96    Sell 140
12.17.08 474.15    Buy 141
12.11.08 475.16    Sell 141
11.24.08 389.08    Buy 115
11.05.08 510.99    Sell 115
10.29.08 442.03    Buy 100
10.22.08 493.68    Sell 100
10.20.08 500.37    Buy 101
10.10.08 510.80    Sell 101
10.08.08 535.22    Buy 106
09.23.08 762.13    Sell 106
09.19.08 757.84    Buy 105
09.15.08 778.89    Sell 105
09.08.08 781.16    Buy 106
09.02.08 856.77    Sell 106
08.22.08 843.54    Buy 104
08.13.08 859.00    Sell 104
08.06.08 825.60    Buy 100
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