{"id":59350,"date":"2011-12-22T16:21:37","date_gmt":"2011-12-22T05:21:37","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2011\/12\/22\/nasdaq-the-one-to-watch\/"},"modified":"2011-12-22T16:21:37","modified_gmt":"2011-12-22T05:21:37","slug":"nasdaq-the-one-to-watch","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2011\/12\/22\/nasdaq-the-one-to-watch\/","title":{"rendered":"Nasdaq The One To Watch?"},"content":{"rendered":"<p>\n\t<span><span><span>FNArena<\/span><\/span><\/span> has added another video to its Investors Education section on the <span><span>website<\/span><\/span>. <span style=\"font-size: 10pt;line-height: 115%;font-family:\"><span>ATW&#039;s<\/span> Jerry Simmons explains as to why he refuses to lose his positive bias for US equities: the S&amp;<span>P500<\/span> simply hasn&#039;t suffered enough technical damage to do so. Simmons locates technical support for the index at 1224-1227.<\/p>\n<p>\tHe does acknowledge&nbsp;divergence seems to have opened up between&nbsp;S&amp;<span>P500<\/span> and&nbsp;<span>Nasdaq<\/span>. He argues the <span>Nasdaq<\/span> needs to break above 2250-2265 again to regain bullish momentum. Alas, at this point in time the immediate conclusion is as long as <span>Nasdaq<\/span> trades below this level, the underlying trend remains south.<\/p>\n<p>\tSimmons believes a break below 2180 for <span>Nasdaq<\/span> would be a clear negative for equities in general.<\/p>\n<p>\tToday&#039;s analysis also includes EUR\/USD and crude oil futures (<span>WTI<\/span>).<\/span><\/p>\n<p>\n\t<span style=\"font-size: 10pt;line-height: 115%;font-family:\">T<\/span>o view the <span><span>ATW<\/span><\/span> Strategic Prep Video click <a href=\"http:\/\/www.fnarena.com\/index2.cfm?type=dsp_front_videos&amp;vid=65\">HERE<\/a> or visit the <span><span>FNArena<\/span><\/span> Investors Education section of the <span>website<\/span>.<\/p>\n<p>\n\tHere&#039;s the direct link:&nbsp;www.fnarena.com\/index2.cfm?type=dsp_front_videos&amp;vid=65<\/p>\n<p>\n\tAll views expressed are Jerry Simmons&#039;s, not <span>FNArena&#039;s<\/span> (see our disclaimer).<\/p>\n<p>\n\tJerry Simmons has over 25 years of full-time trading experience. He is the senior partner and head mentor for the &ldquo;Masters&rdquo; <span>Programme<\/span> within the education system at New York based Advanced Trading Workshop (<span>ATW<\/span>).<\/p>\n<p>\n\t<span>FNArena<\/span> is pleased to have Jerry Simmons as a highly valued contributor to its service which aims at both educating investors and assisting them with their own market <span>analyses<\/span>.<\/p>\n<p>\n\tThe above mentioned videos can be accessed via the <span>FNArena<\/span> Investor Education section at http:\/\/<span>www.fnarena.com<\/span><span>\/<span>index4.cfm<\/span><\/span>?type=<span>dsp_front_videos<\/span>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technical analysis by ATW&#8217;s Jerry Simmons suggests investors should watch further movements in Nasdaq for clues about the outlook for US equities in general.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[29,24,26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59350"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59350"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59350\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}