Early Support is near 8134 to 8119 and 8105. Below that 8044 to 8048 offers support... Hearty Traders can buy at 8017 for a good 2 to 3 day turn higher, risk a close under 7990 for two days in a row. If that fails a decline to 7954 to 7939 under that 7864 to 7836 should hold. Traders can go long at 7864 and hold for higher prices.

Resistance is at 8145 and 8194 to 8205. A close over 8205 is friendly and augurs for a test of the 8300 to 8314 region. Beyond that resistance is at 8335 and 8391 to 8406.

A close over 8406 is friendly and augurs for a test of 8484 and eventually 8560.

*Traders should go long if a close over 8205 occurs

Early Resistance is at 5849 to 5864. A close over 5864 augurs for a test of 5900. A close over 5900 is friendly and indicates an eventual test of 5945 to 5957, then 6023 to 6035 . Support is at 5815 and 5805 to 5790. Traders should go long at 5813 for a turn higher, risk a close under 5790 for three days in a row. Below that support is at 5729 to 5716.

Resistance is at 7127 then 7156 to 7162. A close over 7127 augurs for a likely test of the 7208. Beyond that resistance is at 7242 and 7255.

Support is at 7074 and 7062 to 7058. Below that 7003 to 6990 offer support. Day traders can Buy at 7008 for a bounce ,risk a 40 pts.

Support is at 1.6494 and 1.6420. Below that support is at 1.6380 then 1.6290 and 1.6150 .

Resistance is at 1.6550 and 1.6596. A close over 1.6596 augurs for a test of 1.6720 beyond that sellers should appear at 1.6822 and 1.6890. A close over 1.6890 augurs for a test of 1.6960.

Nearby Support is at 6509 to 6482. Traders can buy at 6509. Risk a close under 6480 for three days in a row. Below that support is at 6430 and 6417.

Resistance is at 6517 and 6537. A close over 6537 is friendly and augurs for a test of 6577 to 6591. A close over 6591 augurs for a test of 6623 and 6687 beyond that a thrust to 6741 to 6755 is likely.

*Traders should go long if a close over 6537 occurs.

Trade accordingly.

Resistance is at 300.80 and 303.60 to 304.60. A close over 304.60 s friendly and would indicate a test of 310 to 314.80 if it holds..

**Traders should go long/ add if a close over 304.60 occurs.

Nearby Support is at 7140 to 7105. Below that support is at 6955 and 6755 to 6700.

Traders should buy at 7155, risk a close under 6955 for three days in a row.

Resistance is at 7225 and 7275. A close over 7275 augurs for a test of 7355 and eventually 7505 to 7555 Trade accordingly. Traders can go short for a turn lower at 7550, risk a close over 76-05 for three days in a row.

Support is at 349.50 then 345.5 and 342 where it should hold basis the close. Traders can go long at 349.5, risk a close under 344.5 for two days in a row. Below that support is at 337 and 329 to 327. Resistance is at 355.50 and 365.5 Beyond that resistance is near 373. Traders can go short for a turn at 375, risk a close over 380.6 for two days in a row.

* Traders should go long if a close over 355.5 occurs.

On the DownSide: Support is at 487.5 Traders can go long at 487.5 risk a close under 478 for three days in a row. Below that good buyers should appear at 462.

On the Upside. Nearby Resistance is at 507, a close over 507 is friendly for another test of 520 and eventually the 528 region. A close over 528 augurs for a test of 555.

Trade Accordingly.

Nearby Support is at 1149 and 1120 then 1101 to 1096.

Resistance is at 1200. Beyond that resistance is at 1252 and 1268 to 1274.

A close over 1274 is friendly and indicates a test of 1319 and eventually 1374.

Trade Accordingly

Support is at 3572 and 3512 Early Resistance is at 3677, a close over augurs for a test of 3815 and 4045.

Support is at 3385 and 3272

Early Resistance is at 3454 and 3620. A close over 3635 augurs for a test of 3745, beyond that resistance is at 3855.

Early Support is at 5741/2 Below that good buyers should appear at 570 1/2. Traders can buy at 575 1/2 for a good bounce, risk a close under support at 570 for three days in a row. Below that support is at 560 3/4. Traders can buy at 560 3/4 for a turn higher, Risk a close under 549 for three days in a row.

Resistance is at 5881/4. A close over 5881/2 augurs for a test of the 598 1/4 to 602 region. Beyond that a test of 615 is likely. Beyond that a test of 647 is not out of the question if it holds..

Support is near 144.5 then 140.5 Traders can go long at 144.5 Risk a close under 140.5 for three days in a row. Under that support is at 138.9 and 136.5 Traders should buy at 136.5 and hold for higher prices.

Resistance is at 146.9 and 148.4. A close over 149 is friendly and augurs for a test of 153 to 154 beyond that good sellers should appear at 161. Traders can go short at 161, risk a close over 167 for three days in a row.

Support is at 2561 then 2554 / 2552. Traders should Buy at 2555, risk a close under 2519 for two days in a row. Below that Support should appear near the 2519 to 2511

region. Below that 2492 to 2470 and 2461 where it should hold for a bit..

Resistance is at 2568 and 2592 , beyond that a test of 2612 to 2620 is likely.

A close over 2620 is friendly and augurs for a test of 2663 to 2672. Traders can sell short at 2663, risk a close over 2672 for three days in a row.

Support is at 225 3/4 to 224 1/2, below that support is at 220 1/2 .

Traders can go long at 226 risk a close under 220 for three days in row.

Resistance is at 230 1/2 Beyond that a trade to 235 is likely. A close over 235 is friendly Traders can go long id a close over 235 occurs, risk a close under 225 for three days in a row. Beyond that a test of 242 and 247 is likely.

Support is at 272 to 270 where a break should contain it self.

Nearby Resistance is at 278 1/4. A close over 278 1/2 augurs for a test of 282 and 284 then 290. Beyond that resistance is at 294 to 296.

Support is at 293 and 2881/4. Traders can buy at 288, risk a close under 282 for three days in a row. Nearby Resistance is at 299 1/2. A close over 299 1/2 is friendly and augurs for a test of 306 Beyond that resistance is at 315 and of 322. Traders can sell at 321 1/4, risk a close over 328 for three days in a row.

Support is at 6380 and the 6335 to 6315. Under that a decline to 6235 should hold. Traders can Buy at 6237 and hold for higher prices

Resistance is 6435 and 6475. A close over 6485 augurs for a test of 6590. Beyond that resistance at 6670 and 6745.

Support is at 809. Below that support is at 795 to 791 and 769. Traders can go long at 769 for a turn higher, risk a close under 763 for two days in a row.

Resistance is at 819 to 823 and 847 to 852. A close over 849 augurs for a test of 907 to 912, Traders can sell short at 912, risk a close over 922 for three days in row.

Trade accordingly

On the downside, Early support is at 110.10 and 109.60 then 108.90 to 108.20. Well Heeled Traders should buy at 110.20 or better, risk a close under support at 107.60 for three days in a row. Below that support is at 106.80 and 105.80 to 105.30

Below that 103.60 to 103.00 should hold. Traders should buy at 103.60 and Hold.

On the Upside, Early Resistance is at 110.60 . a close over is friendly and augurs for a test of 112.65 and 113.00 to 113.60. A close over 113.60 augurs for a test of the 116.40 to 116.90 region. Beyond that a push to the 119.20 / 120.30 region is likely.

Beyond that resistance should be firm at 123.90 and 130.30.

If a sharp advance takes place Traders can go short at 130.30 , risk a close over 131.90 for three days in a row.

Resistance is at 1484 and 1491 to 1496. A close over 1496 augurs for a test of 1529 Beyond that 1541 offers resistance. A close over 1541 augurs for an eventual test of 1569 to 1576 and 1609 to 1615 beyond that 1642 to 1655 should cap a rally. Traders can go short at 1642, risk a close over 1655 for three days in a row.

**Traders should go long if a close over 1541 occurs.

Support is at 6327. Below buyers should appear at 6272 Under that support should appear at 6205 to 6182.

Resistance is at 6377 and 6417. Beyond that resistance should appear at 6477. A close over 6477 is friendly and indicates a test of 6592. A close over 6592 augurs for an eventual test of 6707 and 6742. Beyond that a test of 6812 is likely.

Support is at 6322. Traders can buy at 6322, risk a close under 6257 for three days in a row. Below buyers should appear at 6232 and 6182 to 6152

Resistance is at 6367 and 6452. Beyond that resistance should appear at 6592.

A close over 6592 augurs for an eventual test of 6707 and 6742. Beyond that a test of 6812 is likely.

Support is at 3592 and 3557 below that support is at 3492 to 3462 then 3427.

Below that 3387 to 3377 then 3272 to 3257 where it should hold.

Resistance is at 3627 and 3692. A close over 3692 is friendly and augurs for a test of for a test of 3792. Beyond that a trade to 3907 is likely. A close over 3902 is friendly and augurs for a test of 4057.

Early Resistance is at 3977, a close over indicates a test of 4077 to 4097 day traders can short an early rally at 4077, risk 75 pts. However a close over 4097 is friendly and augurs for a test of 4160. Beyond that resistance is at 4237 and 4372. If a sharp advance takes place traders can go short at 4372 and hold for lower prices.

Support is at 3897 and 3877, a close under 3877 is negative and augurs for a test of 3777 , below that buyers should appear near 3682 , traders can buy at 3682 , risk a close under 3612 for three days in a row.

Support is at 4362 to 4357 and 4317 below that support is at 4277 and 4207.

Traders can buy sat 4207 , risk a close under 4152 for three days in a row.

Under that 3982 should contain a decline.

Resistance is at 4452, a close over 4452 is friendly and augurs for a test of resistance near 4512. Beyond that resistance is at 4657. A close over 4662 is friendly and augurs for an eventual rally to the 4717/ 4737 region. A close over 4747 is friendly and indicates a test of 4897. A close over 4927 augurs for a test of 5022. Beyond that a test of 5072 then 5157 is likely.

* Traders should go long / add if a close over 4452 occurs, Patience.

-Stay tuned for Updates in the Meat Complex.-

On The DownSide, early support is at 128-16 and 127-28 traders can go long at

128-16, initially risk a close under 127-28 for two days in a row. Below that support is at 127-16 , day traders can buy at 127-17 , risk 15 pts. Under that support is at 126-17 and 125-29 Below that 125-10 should hold.

On the Upside: Resistance is at 128-28 to 129-09 and 129-16 Traders can go short at beyond that 129-31 and 130-16 should bring out a few sellers. Traders can go short at 130-16 , risk a close over 130-24 for three days in a row.

On the DownSide, Nearby Support 1192 to 1191.10 an extended trade under 1192 augurs for a test of 1183.80. Where day traders can buy an Early dip to 1183.80, put your own risk on it. An extended trade under 1180.50 or Close under 1183.80 augurs for a slip to the 1170.10 to 1169 region . Below that 1166.50 to 1164 should ...but probably won't A close under 1164 augurs for an eventual test of 1132.50.

On the Upside, Resistance is at 1195.10 and 1197.20 beyond that 1202.10 to 1203 should bring out sellers...day traders with Ice Water running through their veins should go short at 1201.90 and hold for lower prices.. Above that resistance is at 1207.30 and 1217.50 . Beyond that the 1232 to 1238 region should Cap a rally.

Stay Tuned for SP500 Updates and Flashes .

** A close under 1183.80 is negative, traders should sell short if a close under 1183.80 occurs.

Support is 9331.5 and 9316, a close under 9316 augurs for a test of 9267 and 9256. A close under 9256 is negative is and augurs for a test of then 9140 then 9083 and 9044. Below that 8833 needs to hold basis the close for upward momentum to

continue. Resistance should first appear at 9347, a close over is friendly and indicates a test 9428 to 9445. Beyond that 9485 offers resistance. Beyond that 9526 to 9542 should cap a rally.