Technical analysis for ETF Day Trading swing trading with support resistance research

QQQQ	ETF Powershares QQQ Trust Unit
Sector ETF recommendations   BuyNear   StopLoss   PostedDate 5/17/2008 12:00:00 AM FirstRes   SecondRes   ThirdRes   FirstSupport   SecondSupport   Comments 5/17/2009 1:51:20 AM Last week ETF QQQQ broke the up trend line and closed below 200 MA. From last 15 trading day’s QQQQ moving around 200MA and facing strong resistance and finally last week it started down with negative divergence of stochastic and rate of change roc and increasing volume that’s a negative sign for ETF QQQQ. Short term indicator also indicating down trend so for swing trading you can go for short below $33.00 or near $34.45 with stop loss $35.40 and target 32.10 and for day trading it is advisable to stay away from long side and only prefer to go short. It’s major component Apple (AAPL), Google (GOOG ), Research in motion (RIMM) also given a negative divergence of many technical indicator that support our view. You can you any of this component also for swing trading or day trading. We're Not Playing for Peanuts This Time (at Seeking Alpha) (Thu, 29 Jul 2010 05:57:42 Etc/GMT) A Vector Finally Pointing in the Right Direction? (at Seeking Alpha) (Thu, 29 Jul 2010 05:40:39 Etc/GMT) [$$] Master the Basics (at TheStreet.com) (Wed, 28 Jul 2010 20:54:19 Etc/GMT) Ride Market's Waves With State Street's Turbulence Index (at Forbes) (Wed, 28 Jul 2010 19:32:44 Etc/GMT) MarketBeat Q&A: Does Society Benefit from CDS? (at The Wall Street Journal) (Wed, 28 Jul 2010 19:14:36 Etc/GMT)
QLD	Proshares TR Ultr QQQ PSHS
Sector   recommendations Buy BuyNear 69.52 StopLoss 65.70 PostedDate 3/31/2008 12:00:00 AM FirstRes 95.20 SecondRes 104.25 ThirdRes 111.41 FirstSupport 69.52 SecondSupport 65.70 Comments 3/31/2008 12:00:00 AM Bernanke action going to bust this ETF Lower Highs and Lower Lows on Nasdaq Underscore Bear Market Positioning (at Seeking Alpha) (Tue, 20 Jul 2010 11:28:56 Etc/GMT) Not So Glum, Chum (at TheStreet.com) (Thu, 1 Jul 2010 13:59:20 Etc/GMT) Short-term profits lead to long-term gains (at MarketWatch) (Thu, 1 Jul 2010 04:01:00 Etc/GMT) This month, keep it simple, and accept short-term gains as part of a long-term strategy. Is The Market Tipping Over? (ETFguide) (Wed, 30 Jun 2010 20:44:32 Etc/GMT) After pushing into a cluster of resistance, the major indexes reversed course and traded down from Monday on. Does that mean that the bear market is resuming? Did we just witness the biggest sucker rally of all times? [video] Navarro's High Volume Movers: Short Dell and Western Digital; Buy Motorola (at TheStreet.com) (Fri, 25 Jun 2010 16:04:21 Etc/GMT)
IWM	Ishare Russell 2000
Sector   recommendations Buy BuyNear 68.00 StopLoss 66.00 PostedDate 3/31/2008 12:00:00 AM FirstRes 73.02 SecondRes 78.84 ThirdRes 79.84 FirstSupport 68.30 SecondSupport 66.00 Comments 6/9/2008 3:12:22 AM For IWM 73.82/73.77 is a important support,from here more probability is bounce back to test 74.50.I am considering good opertunity to go long near 73.77,with stop loss 73.34 and any retest of 74.50 is a good opertunity to go short side. 3/31/2008 12:00:00 AM Short term market turn positive, that going to pull small cap up, ETF IWM tracking small cap 4 'Good Quality' Picks in This Choppy Market: Strategist (at CNBC) (Wed, 28 Jul 2010 16:16:20 Etc/GMT) Which Way Wednesday: Beige Book Boost, Or Bust? (at Seeking Alpha) (Wed, 28 Jul 2010 14:05:48 Etc/GMT) Indexes Get Respite From Wild Swings (at Seeking Alpha) (Wed, 28 Jul 2010 13:19:42 Etc/GMT) Keeping Track of the Index Trackers (Morningstar) (Wed, 28 Jul 2010 11:00:00 Etc/GMT) How do ETFs compare with mutual funds regarding tracking error? ETF Data Daily: $1.37 Billion Flows Into Stocks (IndexUniverse.com) (Tue, 27 Jul 2010 16:34:49 Etc/GMT) Flows again went into equities, tracking a stock market showing signs of regaining its footing.Investors poured another $1.37 billion into U.S.