Subscribers Special Report Via -TradesAfterWork.comPosting this to share with our readers: (We really like these Weekly Technical Briefs by TaW). This daily chart of the Nasdaq Composite Index shows an index that may have found some support near the 12 Day Exponential Moving Average. I say may because the Composite price on Thursday did not quite touch it. Sometimes close is enough; will it be this time? We shall see. What we do know is that the short-term trend of the market is positive. The intermediate and long-term trends of the market are positive, too. All in all, if you're on offense, you're on the right side of the market.The S&P 500 Index daily chart below shows an index that did bounce off of its 12 Day EMA. If you look at Friday's candlestick or price you can see that, even though the S&P 500 Index closed on weak price action, it closed above the Index's Thursday close. That is the kind of price action you want to see on a reversal day, which is what the S&P had on Friday.This weekly chart of the Nasdaq Composite Index is showing an index where the PPO (circled in red) is very close to turning positive. This reflects good for the Composite's positive momentum. It is likely more important, though, that the weekly price or candlestick finished up above last week's very strong bullish candle or price. The bulls are still in charge.Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal.If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so)! Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page. With our Daily Trackdowns, check back for additional analysis/observations during the trading day in the comments by us or our readers. .Are you interested in trading stocks to supplement your income or make a living? Maybe become a professional trader? Many traders have the skills and nerves to trade, but not the upfront capital.Well now that problem is solved!Try2BeFunded has expanded its trading program! If you're a novice or experienced trader, you can earn access to a trading account with up to $100,000! To learn more about how to qualify, click HERE and give it a shot! You have nothing to lose it is free to try. Give Try2BeFunded a try! .