Today we will analyze the index ArcaEx Tech 100 Index USA (PSE) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in ArcaEx Tech 100 Index USA (PSE)
1- Last bearish trend was from 1,789.27 $ (1/22/2014) to 1,693.60 $ (2/3/2014) a 95.67 $ move 2- The current bullish trend started from 1,693.60 $ at 2/3/2014 and is currently trading at 1,837.16 $.
3- PSE current support level is at 1,815.29 which is the 127.20 % fibonacci retracement of the last 95.67 $ move.
4- PSE current resistance level is at 1,848.39 which is the 161.80 % fibonacci retracement of the last 95.67 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bearish Divergance in MACD Indicator .
ArcaEx Tech 100 Index USA (PSE) Short term stock chart patterns for internet stock trading :

7- The Index traded in a bullish stock channel identifed by support at 1,693.600 and 1,534.650,resistance between 1,789.270 and 1,605.800, the stock channel is currently supported from below by 1,741.889 and resisted from above by 1,858.341.
ArcaEx Tech 100 Index USA (PSE) Mid term stock chart patterns for internet stock trading :

8- The Index was supported by a support line, identified by two points: 1,133.750 and 1,043.730, and is currently supporting at 1,419.743.
ArcaEx Tech 100 Index USA (PSE) Long term stock chart patterns for internet stock trading :

9- The Index was supported by a support line, identified by two points: 1,133.750 and 1,022.850, and is currently supporting at 1,442.379.

Stock Trading Conclusion:
ArcaEx Tech 100 Index USA (PSE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1,848.39.
Stock Support levels : 1,815.29, 1,803.28, 1,789.27, 1,782.32, 1,765.38, 1,752.72, 1,748.44, 1,741.44, 1,730.15, 1,716.18, 1,693.60, 1,442.38,.