Here is the analysis of the current market situation.
DJI ( Dow Jones Industrial Average ):
The Dow Jones Industrial Average is still in a down trend. It's current momentum is upwards.
If it crosses the 13000 and then moves up, the trend will turn bullish. If it just "kisses" 13,000 and drops back, the trend will still be bearish.
DJI
QQQQ
QQQQ is also in a downtrend, but the current momentum is upwards.
YHOO
It suddenly "became bullish" due to the news about possible merger/acquisition(??) with Microsoft. Let us see if it follows through. News based trading is often unreliable.
AAPL
Still bearish...
GOOG
Still very bearish..
IBM
It is bullish at present.
MSFT
Bearish trend..