By using TradersGPS we know that Nas 100 trend is down but oversold, resistance for 4300 and Support 4050. I also mention how to trade this. For S&P 500 resistance 1950 Support 1860, trend is also down. Other stocks that was discuss City Dev , Ezion, DBS, NOL, First Resource
To find out more about TradersGPS and it training , http://www.collinseow.com/the-systematic-trader-course/
Although not always obvious, cycles exist in all markets. For the smart money, the accumulation phase is the time to buy because values have stopped falling and everyone else is still bearish. Here is a chart show the correlation between stock market cycle and economic cycle.
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