Early Support is 8177 and 8144 traders can buy at 8145 = for=20 bounce. Risk a close under 8119 for three days in a row. Below that = buyers=20 should appear near 8044 to 8029. Hearty Traders can buy at 8044 for a = good turn=20 higher, risk a close under 8044 for two days in a row. If that fails a = decline=20 to 7954 to 7939 under that 7864 to 7836 should hold. Traders can go long = at 7864=20 and hold for higher prices.

Resistance is at 8194 to 8223 then 8244. A close over = 8244 is=20 friendly and augurs for a test of the 8300 to 8314 region. Beyond that=20 resistance is at 8391 to 8406 and 8484 to 8499 Traders should sell short = at 8484=20 for a turn lower, risk a close over 8499 for three days in a row. Beyond = that=20 resistance is at 8560 to 8589, traders should sell short at 8572, = initially plan=20 on risking risk a close over 8611.

*Traders should go long if a close over 8223 = occurs..

Resistance is at 5951 to 5957 and 5968. A close over 5968 = augurs for=20 a test of 6023 to 6035. A close over 6035 is friendly and indicates a = test of=20 6101 to 6113. Traders should sell short at 6113 for a quick turn lower. = Risk a=20 close over 6165. Beyond that a test of 6190 to 6201 is likely. Day = traders can=20 sell short at 6190 for a turn lower, risk 30 pts. Support is at = 5945 and=20 5926 to 5918. Below that support is at 5908 and 5880 to 5855. Hearty = traders can=20 buy at 5880 and hold for higher prices.

*Traders should consider going long if a close over 5957 occurs.=20

Resistance is at 7242 to 7256 then 7277. A close over 7277 = augurs for=20 a likely test of the 7328 to 7242 region. Beyond that resistance is at = 7377 and=20 7414 to 7428. Traders can sell short at 7414, risk a close over 7428 for = three=20 days in a row.

Traders should consider going long if a close over 7242 = occurs.

Support is at 7227 and 7207 then 7177 to 7170. Hearty = Day=20 traders can Buy at 7170, risk a close under 7143 for two days in a row. = Below=20 that support is at 7128. Traders can buy at 7128 for a turn higher, risk = a close=20 under 7088 for two days in a row.

Support is at 1.6580 and 1.6550 then 1.6502 and 1.6452 to = 1.6420=20 Traders should buy at 1.6550 and hold for higher prices, risking a close = under=20 1.6420 for three days in a row. Below that support is at 1.6260 and = 1.6150=20

Resistance is at 1.6636 and 1.6656. A close over 1.6656 augurs = for a test=20 of 1.6720 beyond that sellers should appear at 1.6822 and 1.6890. A = close over=20 1.6890 augurs for a test of 1.6960, traders can short at 1.6960, risk a = close=20 over 1.7110 for two days in a row. Beyond that 1.7310 to 1.7380 should = cap a=20 rally for now. Traders can sell short at 1.7310 risk a close over 1.7400 = for two=20 days in a row.

Nearby Support is at 6430 and 6422 to 6417. Traders can buy = at 6418=20 for a bounce. Risk a close under 6402 for three days in a row. Below = that=20 support is at 6367 and 6350 to 6337 then 6272 to 6257. Traders can go = long at=20 6272 and hold for higher prices, initially risking a close under 6257 = for three=20 days in a row.

Resistance is at 6456 and 6469 then 6482 to 6509 and 6517. = A close=20 over 6517 is friendly and augurs for a test of 6577 to 6591. A close = over 6591=20 augurs for a test of 6623 and 6687 beyond that a thrust to 6741 to 6755 = is=20 likely.

Traders should go long if a close over 6517 occurs.

Trade accordingly.

Support is at 295.20 and the 293.70 to 292.80 region. A = close under=20 292.80 augurs for a test of 290.60. Traders can Buy at 290.40 and risk a = close=20 under 287.40 for three days in a row.

Resistance is at 297.70 and 299.00. A close over 297.70 is = friendly=20 and would indicate a test of 301.80 and 303.60 if it holds.

**Traders should go long/ add if a close over 297.70=20 occurs.

Nearby Support is at 7005 to 6990. Below that support is at 6905 = and 6855=20 to 6800.

Resistance is at 7205 and 7255. A close over 7255 augurs for = a test=20 of 7405.

Trade accordingly..

Support is at 347.50 then 344.5 and 342 where it should hold = basis=20 the close. Below that support is at 329 and 327. Traders can go long at = 344.5,=20 risk a close under 337 for two days in a row. Resistance is at = 349.50 to=20 350.30 and 352.5. However a close over 350.50 augurs for a test of 357 = to 362.=20 Beyond that resistance is near 373.

Traders can go short for a turn at 373, risk a close over 380.6 for = two days=20 in a row.

* Traders should go long if a close over 350.3 occurs. =

Nearby Support is at 1368 and 1357, traders can buy at 1357, = risk a=20 close under 1332 for three days in a row. Below that support is at 1319 = to 1308=20 where Buyers should support the mkt. Traders can buy at 1319 a hold for = higher=20 prices.

Resistance is at 1407 and 1414 to 1421 day traders can sell = an early=20 rally this week for a turn lower at 1418 risk 30 pts. However a close = over 1421=20 augurs for a test of 1444 and most likely the 1453 to 1459 region. = Beyond that=20 resistance is near 1467 and 1484 to 1496. A close over 1496 is bullish = for a=20 test of 1529 to 1535 and eventually 1556 then 1569. Trade Accordingly =

* Traders should go long if a close over 1421 = occurs.

Support is at 4150. A close indicates a test of 4082 to = 4050.=20 Traders can buy at

4060 for a good bounce, risk a close under 4040 for three days in a = row.=20 Below that support is at 3990 and 3855 to 3815. traders can buy at 3815 = and hold=20 for higher prices.

Early Resistance is at 4171, a close over augurs for a test = of 4250=20 and 4355. A close over 4355 is friendly and indicates a test of 4480, = beyond=20 that resistance is at 4615 and 4655, Traders can go short at 4655 for a = turn=20 lower, risk a close over 4775 for three days in a row. Beyond that 4825 = to 4855=20 offers good resistance,

Trade Accordingly.

Support is at 3890 and 3855. Traders should buy at 3865. = Risk a=20 close under 3840 for three days in a row. Below that support should = appear at=20 3805 and 3715 to 3682 Traders should can go long at 3685, risk a close = under=20 3610 for three days in a row.

Early Resistance is at 3982 to 4002 and 4055. A close over = 4055=20 augurs for a test of 4110 then 4163. A close over 4163 is friendly and = indicates=20 a rally towards the 4400
region is likely. Beyond that resistance is = at=20 4650, traders can go short at 4650, risk a close over 4717 for three = days in a=20 row.

Early Support is at 573 1/2 below that good buyer should appear = at 568=20 1/2. Traders can buy at 573 1/2, for a good bounce, risk a close under = good=20 support at 568 for three days in a row. Below that support is at 565 3/4 = and 555=20 1/2. Traders can buy at 555 3/4 for a turn higher, Risk a close under = 549 for=20 three days in a row.

Resistance is at 582 1/4 to 583 1/2. A close over 583 1/2 augurs = for a=20 test of the 595 to 596 region. Beyond that a test of 610. Beyond that = sellers=20 should appear at 619 1/2 traders can go short at 619 for a turn lower, = risk a=20 close over 627 for three days in a row.

Buy this Dip.

Support is near 146.7 then 143.2 and 142.0 to 141.5 Traders = can go=20 long at 146.5 Risk a close under 141.5 for three days in a row.=20 Resistance is at 148.8, a close over 149 is friendly and augurs = for a=20 test of 158 beyond that good sellers should appear at 161. Traders can = go short=20 at 161, risk a close over 167 for three days in a row. =

Support is at 2442. Below that Support should appear near = the 2419=20 to 2411 region.

Below that 2376 to 2365 should hold.

Resistance is at 2461 to 2465 and 2481.

A close over 2465 augurs for a test of 2511 to 2519. Beyond that a = test of=20 2536 is likely. A close over 2541 is friendly and augurs for a test of = 2552 to=20 2575. Traders can sell short at 2575, risk a close over 2612 for three = days in a=20 row.

Support is at 219 3/4 to 218 1/2, below that support is at = 215 1/2=20

Traders can go long at 219 3/4 risk a close under 215 for three days = in row.=20

Below that support is at 210 1/2.

Resistance is at 222 and 224 3/4 to 225 1/2. A close over = 225 1/2=20 indicates at test of the 230 region. Beyond that a trade to 235 is = likely.=20 Traders can short at 235, risk a close under 237 for three days in a = row.=20

Support is at 286 3/4 to 285 1/4. Aggressive traders can buy at = 287 1/4,=20 risk a close under 285. Below that support is at 281 1/4 and 277 to 275 = where a=20 break should contain it self.. Traders can go long at 276, risk a close = under=20 268 for three days in a row.

Nearby Resistance is at 289 3/4 and 2931/4. A close over 293 = 1/4=20 augurs for a test of 297 1/2 then the 299 to 301 region. A close above = 302 is=20 friendly for a test of 308. Beyond that a test of 314 and 317 is likely. = Traders=20 can go short at 317 for a turn lower, risk a close over 322 for two days = in a=20 row. Try buy a dip this week

*Traders should go long if a close over 293 1/4 = occurs.

Support is at 831 and 832 to 819. Traders can buy at 823, = risk a=20 close under 907 for two days in a row. Below that support is at 795 to = 791 and=20 784. Traders can go long at 784 for a turn higher, risk a close under = 763 for=20 two days in a row.

Resistance is at 847 to 852 and 859. Beyond that sellers = should=20 appear near 877 to 882. A close over 882 augurs for a test of 907 to = 912,=20 traders can sell short at 907, risk a close over 922 for three days in = row.=20 Trade accordingly

On the downside, Early support is at 110.10 and = 109.60 then=20 108.90 to 108.20. Well Heeled Traders should take a shot and buy at = 110.20 or=20 better, risk a close under support at 107.70 for three days in a row. = Below that=20 support is at 106.80 and 105.80, Below that 103.60 to 103.00 should = hold.=20 Traders should buy at 103.60 and Hold...

On the Upside, Early Resistance is at 111.45 and 113.00 to = 113.95. A=20 close over 113.60 augurs for a test of the 116.40 to 116.90 region. = Beyond that=20 a push to the 119.20 / 120.30 region is likely. Above that traders can = Go Short=20 at 123.80, risk a close over 124.40 for three days in a row. Beyond that = resistance should be firm at 126.80 to 127.40.

Resistance is at 1529 to 1535. A close over 1535 augurs for = a test=20 of 1561 Beyond that 1569 to 1576 offers resistance. A close over 1576 = augurs for=20 an eventual test of 1609 to 1615 beyond that 1642 to 1655 should cap a = rally.=20 Traders can go short at 1642, risk a close over 1655 for three days in a = row.=20

**Traders should go long if a close over 1535 occurs.

Support is at 6357 and 6332 to 6322. Below buyers should = appear at=20 6297, traders can go long / add at 6297, risk a close under 6252 for two = days in=20 a row on all positions. Under that support should appear at 6182 to = 6157.=20

Resistance is at 6417 to 6432. Beyond that resistance should = appear at=20 6452. A close over 6452 is friendly and indicates a test of 6577. A = close over=20 6577 augurs for an eventual test of 6707 and 6742. Beyond that a test of = 6812 is=20 likely.

* Traders should go long if a close over 6577 = occurs.

Support is at 3102 to 3097. Traders should Go long at 3102 = and risk=20 a close under 3057 for three days in a row. Below that 2990 to 2972 = should=20 hold.

Resistance is at 3327 and 3400 to 3422. A close over 3422 is = augurs=20 for a test of 3500 and eventually 3622

Support is at 3927 to 3907 and 3820 to 3807.

Resistance is at 3992 and 4050. A close over 4057 is = friendly and=20 augurs for a test of for a test of 4097 and 4157. Beyond that 4187 = offers=20 resistance. A close over 4187 is friendly and augurs for a test of 4307. =

Early Resistance is at 4397 to 4427, day traders can short = an early=20 rally at 4427

risk 50 pts. However a close over 4402 is friendly and augurs for a = test of=20 4522.

Traders should go long if a close over 4402 occurs..

Support is at 4327 to 4302, below that 4267 should trade, under = that=20 buyers should appear near 4227 then 4182 and 4167 to 4152.

--From the Frying Pan into the Fire--

Support is at 4507 / 4502 and 4427 below that support is at 4277 = and=20 4207. Under that 3982 should contain a decline..

Resistance is at 4517 and 4522. Beyond that resistance is at = 4577. A=20 close over 4522 is friendly and augurs for an eventual rally to 4727. A = close=20 over 4727 is friendly and indicates another test of 4802 and 4857. A = close over=20 4857 augurs for a test of 5022. Beyond that a test of 5072 then 5292 is = likely.=20 Beyond that 5587 to 5627 should trade.

* Traders should go long / add if a close over 4522 occurs,,,

Patience...-Stay tuned for Updates in the Meat Complex.- =

On The DownSide, early support is at 127-10, traders can go long at  127-10 , risk a close under 126-10 for three days in a row. Under that suppor is at 126-07 and 125-29 Below that 125-10 should hold.

On the Upside: Resistance is at 127-27 and 127-29. A close  over 127-29 augurs for a test of the 128-10 region. Beyond that Resistance is a 129-09 to 129-10 and 129-16 Traders can go short at 129-16 ,risk a close ove130-20 for three days in a row.

On the DownSide, Support is at 1132.70 and 1130. A close = under=20 1130 augurs for a test of 1126.80 and 1124.20. Below that 1122.50 offers = support, a close under 1122.50 is negative and augurs for a test of = 1115.0 and=20 eventually 1105.10, below that support should hold at 1101.20, traders = can buy=20 at 1101.20 for a bounce.. stay tuned for the stop. Under that the = 1098.50 to=20 1096 region hold basis the close. If not, good support should appear at = 1075.10=20 and 1068 An extended slip under 1068 augurs for a test of 1063 then 1060 = to=20 1058, Traders can go long for a bounce at 1060, and stay tuned for the = stop..=20 Below that 1052 should stop a break..

On the Upside, Resistance is at 1133.50 and the 1136 to = 1137,20=20 region which should cap an early rally for a bit. Traders can sell short = at=20 1137.20. Initially Plan on Risking a close over 1136 for three days in a = row.=20 Beyond that 1150 and 1165 to 1169 offer good resistance. Traders should = sell=20 short at 1168.50 and hold for lower prices... Beyond that 1182 to 1203 = should=20 bring out sellers...traders with Ice Water running through their veins = should go=20 short at 1194.60 and Hold..

Stay Tuned for SP500 Updates and Flashes .

A close under 1130 is negative, traders should sell short if a close = under=20 1130 occurs.

Support is 8914, a slip under 8914 augurs for a test of the 8871 = to 8854=20 region, below that 8833 needs to hold basis the close for upward = momentum to=20 continue..

A close under 8833 is negative and indicates a slip towards the 8777 = to 8762=20 region below that support is at 8742, a close under 8742 augurs for a = test of=20 good support near 8708 and 8683 to 8668. However a close under 8668 = augurs for a=20 test of 8589 to 8577 then 8594 where it should hold basis the close if a = good=20 decline occurs.

Resistance should first appear at 8934 to 8964.40 / 8966 and = 9004.20, above that 9044 to 9060 and 9083, a close over 9083 augurs for = a test=20 of 9140 to 9156 where good sellers should appear .. Beyond that 9254 and = 9316 to=20 93347 should cap a rally..