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[Porter]

Monthly Trend Value 8 (trending up) Weekly Trend Value -5 (weakly trending down) Daily Trend Value -8 (trending down) 45-min Trend Value -4 (weakly down) Turtle Trend (LT) 1 (mixed) SPM Trend ..........Q......M.....W.....D.....45' SPM....U......U......D.....D......D Value..2......2......-2......-2......-1 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Neutral Weekly--Down Monthly--Down Globex 45-min Trend Down 135-min Trend Down ------------- Keltner Band Trend 10-day Down 7-day Down 2-day Down ----------- Moving Average Trend Mason-Dixon (NDX 200H) Neutral Gator (SPX 13D+8) Down Mallory (NYA 49D) Neutral SB (SPX 75D) Neutral Chandelier Trend Zweig (MID5%) Up Stox (NAZ9%) Up Junk (ML1%) Up --------------- Intermediate Momentum Indicators NY ITBM Down NY 10D NH% Down ND 10D DEAD Down ND BP RSI Down NY Vol McSum Down ND Vol McSum Down Oversold McClellan Oscillator -181 Comments The upthrust of 1135.7/SPM attempted to turn the 45-min RTH trend and the 135-min Globex trend up. It failed to do so, and price turned down to test the 1119.2/SPM low. A potential bullish Gartley at 1107/SPM is a possibility. The Weekly Opening Range trend turned down. All momentum indicators are solidly down, but the STIX indicators have yet to reach an oversold 45. The NDX close below its Mason-Dixon line. There are gaps at 1386/NDX and 1428/NDX and a lap at 1436/NDX. The last one was partially filled yesterday. Porter