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[Porter]

Monthly Trend Value 2 (questionable) Weekly Trend Value 0 (questionable) Daily Trend Value -10 (trending down) 45-min Trend Value -4 (weakly trending down) Turtle Trend (LT) -3 (trending down) SPM Trend ..........Q......M.....W.....D.....45' SPM....U......U......D.....D......D Value..2......0......0......-2......0 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Up Weekly--Up Monthly--Down Globex 45-min Trend Down 135-min Trend Questionable ------------- Keltner Band Trend 10-day Down 7-day Down 2-day Neutral ----------- Moving Average Trend Mason-Dixon (NDX 200H) Down Gator (SPX 13D+8) Down Mallory (NYA 49D) Down SB (SPX 75D) Down Chandelier Trend Zweig (MID5%) Down Stox (NAZ9%) Up Junk (ML1%) Down --------------- 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 Comments All 4 indices are testing their 3/24 low. 2D and 3-close key reversal in the spoos. 1100/SPM is key resistance. If it can be cleared, a nice rally can be had. If it is not cleared tomorrow, an upthrust failure is likely with a retest of the bottom. Porter