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Stock Chart Analysis: Dow, S&P 500, Nasdaq

June 12 2009 Posted by Kerry Kobashi

Stock chart

Three stock charts to review heading into the weekend. These are the Dow Industrials ETF (DIA), Nasdaq ETF (QQQQ), and the S&P 500 ETF (SPY).

We have some very interesting scenarios building here with each ETF in relation to a downtrend line showing different results. Here are the weekly stock charts for the three major indexes from the past three years.

Dow Jones Industrials ETF (DIA)

The Dow has broke the downtrend line.

DIA Stock chart

S&P 500 ETF (SPY)

The S&P 500 is touching the downtrend line.

SPY Stock chart

Nasdaq ETF (QQQQ)

Nasdaq has yet to touch the downtrend line.

QQQQ Stock chart

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About Kerry Kobashi

Kerry is the founder of KerryOnWorld. He currently lives in Silicon Valley and has worked over 15 years as an engineer and project manager. He owns Kobashi Computing, a consultant company.

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