Another good week for the markets as the Dow closed shy of the much publicized 12K. The Stockcharters didn't have a whole lot new to add, but in general - were considerably less bearish than they were a couple of weeks ago.

Mitchell Meana kept to his long standing charts, although market resistance as indicated on his varaious charts have now been cleared. He has indicated a new resistance level (blue line) on the Nasdaq Summation Index:



His other point of note was his target price for the Qs: $44.03, now fast approaching (his chart was unchanged).

Michael Winfree listed the last two years of Qs highs on highs chart; note the rising price channel:



Robert New no longer has his weekend summary, but his lead chart summarizes the events of last week nicely:



His S&P chart was similarly bullish:



Although Micheal Winfree is looking for volatility to soon spoil the party:



Matthew Frailey has an interesting chart showing the continuation and support line of the cyclical bull market in the Dow Jones World Stock Index:



Robert New is looking for a handle in the Nasdaq at 2-year resistance:



and his confident over the long term:



He has also suggested a potential reversal in the works for Oil:



Ted Burge kept his opinion short:

Oct 14th! Energy sector is a BP buy signal and gold stocks BP moving higher.

Jack Chan is bullish on the Oil Services Holders with a Trendline Break Buy Signal:



and a similar 'buy' in the Energy Select Sector (XLE):



Although whatever relief a rally may bring to commodities could be temporary based on Matthew Frailey's chart:



Stock pick fans should check out Richard "Sonny" Crockett's public list - lots of good ideas.

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