US Market Update
28 December 2009
Research in cognitive neuroscience tells us that, when we are calm and focused, we are most likely to be activating our brain’s prefrontal cortex, which has been called the “executive center” of the brain. It is these frontal regions that are most active when we are reasoning, planning, and making decisions. During times of stress, regional cerebral blood flows tend to move away from these frontal areas and toward motor regions, to help us with our “flight or fight” responses to danger. As a result, it’s precisely at those stressful times in markets that we’re most likely to be challenged to stay calm, focused, and centered in our executive functions. Rather, under stress, we tend to act out our fight or flight in markets, often making hasty and ill-considered decisions. Successful traders learn to normalize losses and uncertainties in markets, so that they stay more continuously grounded in those executive functions.
From low of 666.79 in just 10 months it had flared upto 1126 level.
My ultimate target is of 1178.
Now if closes above 1178 for 3 consecutive days + Weekly close above this level.
-Then in next 3 months :S&P 500 may be heading towards 1348-1405 level too.
-So just have a eye on 1178.
From low of 6469 in just 10 months it had flared upto 10522 level.
Concentrate on 10816 level.
Three Consecutive close +weekly close will take to 12265-12748 level.
From low of 1265 in just 10 months it had flared upto 2285 level.
Above 2163 level ,No problem @ all.Already it had closed above this level for 3 consecutive weeks.
My target 2462-2562 in this rally.
Just connect 5132 & 2861 level in Monthly chart and see it will face strong resistance/hurdle at 2470-2480 level.
Now to know more about US Indices /Stocks ,Send me mail
Updated at 19:12/28th Dec/Baroda/India
