Thursday’s Stock Charts

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Thursday’s Stock Charts

By David Spurr on December 19, 2008 | More Posts By David Spurr | Author's Website

Google (GOOG) looking to retest 293 level:

A number of stocks were down today on volume.

JPMorgan (JPM) - Down Thursday on increased volume and retested 28.

Bearish Engulfing on Procter & Gamble (PG) to 57.

Microsoft (MSFT) held trendline, climbing back to 21.

General Electric (GE) broke down today. If we get a light volume rally, I’d consider a short at 18 under the back of the trendline.

Exxon Mobil (XOM) failed to hold above the trendline today.

DJ Transportation Average (^DJT) - Rally back to the trendline perhaps then failure.

Transports broke down earlier than the E-mini S&P 500 - Rally back to 900/905 area.

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