Tuesday, May 17, 2011

5/17 11:00

DJI cash and futures are still testing support and will confirm on a decline below DJI 10,421.
SP futures have rallied to 30-minute M/A but have been repeatedly thrown back.
Meanwhile, the Nasdaq has completed the measurement implications of it's triangle breakout.
SP and ND are at daily M/A support and DJI is just above key prior top.

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