index, page-83

The SPX traded between the 5day highs 1118.8 and settled just below the 5day 50% (1102.8) at 1099.9

XJO for today

5day 50% at 4711 and a 50day sma at 4712 and 30day sma at 4700, So I wouldnt expect a fall below these levels.

XXJ

5490 will now form resistance. I will be looking to add longs if we fall to the 5day 50% at 5402 if it falls that low.

XMJ

is also just at Monthly resistance (12651) so this should cap materials this week before support and resistance moves higher next week.