Company & Symbol ( )

Stock Price on 04/01/02

 Trend in Prior 2 Weeks

 Trend on 04/01/02

Trading Formation

Support

Resistance

 Trading Signal on 04/01/02

Alcoa, Inc. (AA)

37.64

Double Top

37.00

40.50

Sell*

American Express (AXP)

40.19

Head & Shoulders

40.00

41.65

Sell

Boeing (BA)

47.92

Symmetrical Triangle

46.00

50.00

Sell

Citigroup (C)

49.45

Rectangle

49.00

50.50

Buy

Caterpillar (CAT)

56.92

Double Top

56.00

58.00

Sell

Dupont (DD)

47.10

Rectangle

47.00

48.75

Sell

Disney (DIS)

22.90

Rectangle

21.00

22.90

Sell

Eastman Kodak (EK)

31.05

Rectangle

32.00

32.75

Buy

General Electric (GE)

37.30

Symmetrical Triangle

36.50

38.00

Sell

General Motors (GM)

59.70

Rectangle

58.75

61.50

Buy

Home Depot (HD)

48.22

Descending Triangle

46.90

50.00

Sell

Honeywell (HON)

38.51

Rectangle

37.30

40.75

Buy

Hewlett- Packard (HWP)

17.90

Double Top

17.00

20.00

Sell

Internation. Bus.  Machine (IBM)

102.86

Rounding Top

101.00

109.15

Sell

Intel (INTC)

31.17

Rectangle

29.00

32.00

Sell

Internation. Paper (IP)

42.41

Head & Shoulders

42.00

43.00

Sell

Johnson & Johnson (JNJ)

64.61

Rounding Top

63.00

65.00

Sell

JP Morgan Chase (JPM)

35.61

Rectangle

34.20

36.00

Buy

Coca-Cola (KO)

52.30

Ascending Triangle

50.00

56.00

Buy

McDonalds (MCD)

27.25

Symmetrical Triangle

27.00

28.50

Sell

Minnesota Mining (MMM)

115.26

Double Top

114.00

120.00

Sell

Philip Morris (MO)

53.20

Rectangle

51.72

53.95

Buy

Merck (MRK)

57.60

Rounding Bottom

57.00

60.69

Buy

Microsoft (MSFT)

60.38

Double Bottom

58.00

64.00

Buy

Procter & Gamble (PG)

89.99

Ascending Triangle

88.85

90.37

Buy

S B C Comm. (SBC)

36.66

Rounding Top

35.00

37.00

Sell

AT&T (T)

15.84

Rectangle

15.00

16.50

Buy

United Technol. (UTX)

74.30

Rectangle

72.00

76.00

Sell

Wal-Mart  (WMT)

59.56

Rectangle

56.00

60.00

Sell

Exxon Mobil (XOM)

43.83

Rectangle

42.00

45.83

Buy

Overall: 12 "Buy" and 18 "Sell" technical trading signals. Based on the foregoing technical trading signals, the monthly outlook for DJIA index is Bearish. Further, we are expecting the DJIA index (currently in rectangle trading formation) to consolidate between 9,800 and 10,600 levels.

*"Buy" and "Sell" technical trading signals are provided only as an educational tool, intended to illustrate Technical Analysis principles of trading. Trading in securities is a high-risk venture, which could result in a loss and should not be undertaken without serious independent study. Neither EquityInvest.com nor its employees or affiliates recommends any security for purchase or sale and/or specific approach to invest in securities. Past performance is not a guarantee for future results. EquityInvest.com and its employees or affiliates may have positions in some of the securities mentioned on this web site, and is under no obligation to disclose the amount of the position or when it was acquired.

Last Update April 01, 2002                     Next Update April 15, 2002