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[Porter]

Monthly Trend Value 12 (running uptrend) Weekly Trend Value 8 (trending up) Daily Trend Value -3 (mixed) 45-min Trend Value -5 (weakly trending down) Turtle Trend (LT) 4 (running uptrend) SPH Trend ..........Q......M.....W.....D.....45' SPH....U......U......U.....U......D Value..3......3......3......1.....-1 ------------ SHORT TERM TRENDS Opening Range Trend Daily--Neutral Weekly--Down Globex 45-min Trend Down 135-min Trend Questionable ------------- Bollinger Band Trend 10-day Up 7-day Neutral ----------- Moving Average Trend Mason-Dixon (NDX 200H) Down Gator (SPX 13D+8) Up Mallory (NYA 49D) Up SB (SPX 75D) Up Chandelier Trend Zweig (MID5%) Up Stox (NAZ9%) Up Junk (ML1%) Down --------------- Intermediate Momentum Indicators NY ITBM Down NY 10D NH% Up ND 10D DEAD Down ND BP RSI Down NY Vol McSum Down ND Vol McSum Down Oversold McClellan Oscillator -158 Comments The Merrill Lynch High Yield Corporate Bond index has been down 5 days in a row. It has gone down more than 1%. This correlates with the poor breadth readings. Breadth is no longer supporting the market. Porter