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[Porter]

Monthly Trend Value 2 (mixed) Weekly Trend Value 1 (mixed) Daily Trend Value 11 (running uptrend) 45-min Trend Value 3 (running uptrend) Turtle Trend (LT) 2 (mixed) SPM Trend ..........Q......M.....W.....D.....45' SPM....U......U......U.....U......U Value..2......0......1......3......3 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Up Weekly--Up Monthly--Up Globex 45-min Trend Up 135-min Trend Up ------------- Keltner Band Trend 10-day Up 7-day Up 2-day Up ----------- Moving Average Trend Mason-Dixon (NDX 200H) Up Gator (SPX 13D+8) Up Mallory (NYA 49D) Up SB (SPX 75D) Up Chandelier Trend Zweig (MID5%) Up Stox (NAZ9%) Down Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Up NY 10D NH% Up ND 10D DEAD Up ND BP RSI Up NY Vol McSum Up ND Vol McSum Up Overbought Running 45-min uptrend in all 4 indices Comments The short term trend continues up with new rally highs. It seems likely that 1137.5/SPM will be taken out tomorrow to relieve the overbought condition. If the market springs that point tomorrow morning, that would be bullish. If the market gaps up and then hits that point, it would be ST bearish. Porter