Take what you hear and read with a grain of salt, including the bear raid on BP p.l.c. As in most markets where emotion runs high, traders, but investors especially, tend to overreact to both bullish and bearish news. The downside with BP p.l.c. is justified but not endless. TimelessWealth.net breaks down the monthly chart to identify vital levels of support; suggest two practical theories on the market.

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This past week the Dow Jones Industrial Average (DJIA) rose 279 points or 2.81% after tumbling over 1200 points in the month of May. Uncertainty looms as influential financial networks continue to publish articles along the lines of "The Worst is Ahead" or entitled, "Why the Bear Market isn't over yet". Resultantly, investors are caught in a chaotic medium that is limiting their ability to think clearly and make intelligent investment decisions. So how do we rid ourselves of this 'noise', as Robert Kiyosaki described it in Rich Dad Poor Dad?

The answer lies in removing emotion. That means fear, excitement, anxiety and any other human attribute from which our financial decisions may suffer.

The good news is that we needn't invent a solution. It has been invented and tired to death, yet millions worldwide still fail to recognize technical analysis (TA) study. Time and time again we break down the market's chart into clear and simple components that allow us to better understand trends. This helps reduce our margin for error, promote intelligent investment decisions, and allows for effective positioning. This time we break down the Dow Jones Industrial Average (DJIA) into daily and weekly intervals to understand how it fits into the 'big picture', the monthly chart.

While one wave of short-term investors may be looking to exit, another is right around the corner and looking to capitalize on an upcoming catalyst in AEterna Zentaris' market.  The following technical opinion on AEterna Zentaris, Inc. (NASDAQ: AEZS) outlines areas of support where traders may look to enter the 'play' and areas of resistance where sellers may pose a challenge for longs. Simple but effective market signals are also discussed in the following presentation.

Technical opinion regarding Positron's market: Implementing two simple indicators, price and volume, we are able to derive an unbiased yet effective perspective while mapping out a potentially profitable 'game plan'. The analysis that follows, in video format, will describe key technical principles based on Positron Corporation's chart

With earnings season looming, supporting and resisting levels play an especially important role in Dryships’ market. The price has broken above short, intermediate, and even long-term downtrend resistance, in the month of April. Long or short, the encouraging news, key events and signals, are described in the technical analysis that follows, in video format.

There is an encouraging presence to Citigroup's price as it marked a 5-month high on Thursday's trading session. 'Gaps' play an interesting role in the market where they pose the question of whether a gap to the upside or downside will fill first, if both fill whatsoever. Outlined in the analysis are key supporting and resisting levels to keep in mind when interpreting Citigroup's chart. The analysis itself, follows, in video format.