The Trend Trader helps to identify the current trend status of your favorite stocks. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too – buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.
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The Trend Trader for the Dow 30 Stocks
dot_clear.gifFor Trading On Friday, May 7, 2010
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Presented by the Pattern Trapper – PatternTrapper.com – 952-892-5550
dot_clear.gifTrend Trader readings are based on Daily Pivot calculations.  For a detailed explanation Click Here! 

   In alphabetical order by symbol Close %
Change		 3×1 7×5 Minor
Trend		 Major
Trend		 Trend Reading
 AA – Alcoa Inc 11.94 − 4.17 12.35 13.69 ArwDwn.gif ArwDwn.gif Bearish
 AXP – American Express Company 42.50 − 4.34 44.50 46.56 ArwDwn.gif ArwDwn.gif Bearish
 BA – Boeing Co 67.97 − 4.27 70.38 73.02 ArwDwn.gif ArwDwn.gif Bearish
 BAC – Bank of America Corporation 16.28 − 7.13 17.18 17.89 ArwDwn.gif ArwDwn.gif Bearish
 CAT – Caterpillar Inc 63.50 − 3.73 65.27 69.58 ArwDwn.gif ArwDwn.gif Bearish
 CSCO – Cisco Systems 25.49 − 3.99 26.12 27.13 ArwDwn.gif ArwDwn.gif Bearish
 CVX – Chevron Corporation 77.20 − 3.73 79.10 81.48 ArwDwn.gif ArwDwn.gif Bearish
 DD – Dupont(E.I.)Denemours 36.69 − 3.12 37.71 40.16 ArwDwn.gif ArwDwn.gif Bearish
 DIS – Disney (Walt) Co 34.01 − 3.76 35.31 36.76 ArwDwn.gif ArwDwn.gif Bearish
 GE – General Electric 17.31 − 4.36 17.89 19.05 ArwDwn.gif ArwDwn.gif Bearish
 HD – Home Depot Inc 33.96 − 3.63 34.79 35.76 ArwDwn.gif ArwDwn.gif Bearish
 HPQ – Hewlett-Packard 48.33 − 5.11 49.73 52.83 ArwDwn.gif ArwDwn.gif Bearish
 IBM – Intl Business Machines Corp 123.92 − 2.78 126.00 129.90 ArwDwn.gif ArwDwn.gif Bearish
 INTC – Intel Corp 21.51 − 2.98 22.02 23.26 ArwDwn.gif ArwDwn.gif Bearish
 JNJ – Johnson & Johnson 63.40 − 2.67 64.20 64.62 ArwDwn.gif ArwDwn.gif Bearish
 JPM – JPMorgan Chase & Co 40.81 − 4.27 42.06 43.21 ArwDwn.gif ArwDwn.gif Bearish
 KFT – Kraft Foods’A’ 29.21 − 1.82 29.41 29.78 ArwDwn.gif ArwDwn.gif Bearish
 KO – Coca-Cola Co 52.30 − 2.53 53.17 53.45 ArwDwn.gif ArwDwn.gif Bearish
 MCD – McDonald’s Corp 69.42 − 1.75 70.28 70.69 ArwDwn.gif ArwDwn.gif Bearish
 MMM – 3M Co 84.24 − 2.71 85.17 88.55 ArwDwn.gif ArwDwn.gif Bearish
 MRK – Merck & Co 34.27 − 3.71 34.95 35.07 ArwDwn.gif ArwDwn.gif Bearish
 MSFT – Microsoft Corp 28.98 − 2.91 29.65 30.83 ArwDwn.gif ArwDwn.gif Bearish
 PFE – Pfizer, Inc 16.74 − 2.56 17.00 16.71 ArwDwn.gif ArwUp.gif Neutral
 PG – Procter & Gamble 60.75 − 2.27 59.42 62.33 ArwUp.gif ArwDwn.gif Neutral
 T – AT&T Inc 25.14 − 2.44 25.63 26.06 ArwDwn.gif ArwDwn.gif Bearish
 TRV – The Travelers Companies Inc 49.80 − 1.62 50.16 51.49 ArwDwn.gif ArwDwn.gif Bearish
 UTX – United Technologies 71.24 − 3.19 72.71 75.20 ArwDwn.gif ArwDwn.gif Bearish
 VZ – Verizon Communications 28.01 − 2.34 28.43 28.94 ArwDwn.gif ArwDwn.gif Bearish
 WMT – Wal-Mart Stores 53.23 − 2.81 53.91 53.95 ArwDwn.gif ArwDwn.gif Bearish
 XOM – Exxon Mobil 63.89 − 3.45 65.25 68.50 ArwDwn.gif ArwDwn.gif Bearish

Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2010 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.