good morning folks, poor employment numbers will direct this market today...plus the still high crude oil prices... NDX E.O.D. y-day : 1353.50 1372/1382 = broad resistance zone 1354/1356 = R 1338/1348 = gap fill area Oct-2003, acts also as support area 1330/1332 = S 1413.50 = ema200 daily 1428.00 = ema26 weekly 'elder rule' 1479.00 = ma200 weekly 'belkin rule' re bear market ----------------------------- next week Aug-10 + Aug-11 = Bradley turn date ----------------------------- some charts courtesy 'public charts' spx / vix ratio also needs to come more down still to approx 50-area : <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=%24SPX%3A%24VIX%2Cuu%5Bw%2Ca%5Ddallnnay%5Bdf%5D%5Bpf%5D%5Biut%5D%5BJ32948070%2CY%5D" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=%24SPX%3A%24VIX%2Cuu%5Bw%2Ca%5D...</A> <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[r,a]whllyyay[df][pc26][vc60][ila12,26,9][j26783354,y]&r=2384.png" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[r,a]whllyyay[df][pc26][...</A> the target ndx weekly was 1350 for me, that number was/will reach today : <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[w,a]waclyiay[dd][pd20,2!c26!f][vc60][iut!La12,26,9!Lg]&pref=G" target="_blank">http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[w,a]waclyiay[dd][pd20,2!c26!f][vc60][iut!La12,26...</A> qqq daily , buy + sell indicators : <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQ,uu[p,a]daclyyay[dc][pc200!c50!c20!c10][vc60][iue12,26,9!ug!lp14,3,3!lb5!lf!lj[$wlsh]][J33235599,Y]" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQ,uu[p,a]daclyyay[dc][pc200!c...</A> <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQ,uu[h,a]eblannay[d126][p][J31680652,Y]" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=QQQ,uu[h,a]eblannay[d126][p]...</A> ndx daily : <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$NDX,uu[g,a]daclynay[dc][pd20,2!b250][ile6,19,3!le19,39,9!le90,220,45][J33227139,Y]" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$NDX,uu[g,a]daclynay[dc][pd20,2...</A> <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=%24NDX%2Cuu%5Bw%2Ca%5Ddaclyyay%5Bdd%5D%5Bpc13%21c34%21f%5D%5Bvc60%5D%5Biut%21ub5%21le12%2C26%2C9%21ll12%5D%5BJ32052378%2CY%5D" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=%24NDX%2Cuu%5Bw%2Ca%5Ddaclyyay%...</A> NAZ BPI : <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$BPNDX,uu[r,a]dacayyay[dc][pb2!b4!b6!b8!b10!b12!b14!b16!b18!b20!b22!b24!b26!b28!b30][vc60][ilb14!la12,26,9!lj[$ndx]][J33494154,Y]" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$BPNDX,uu[r,a]dacayyay[dc][pb2!...</A> qqq/vxn ratio : number now approx 1.29...needs a bit more down to approx 1.25 / 1.20 <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=qqq,uu[w,a]daclynay[dc][pc5!d20,2][iuj[$vxn]!ld20]&r=1842" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=qqq,uu[w,a]daclynay[dc][pc5!d20...</A> ndx/vxn ratio should also drift a bit more down, approx 50.0.. <A HREF="http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$ndx:$vxn,uu[w,a]dallynay[dc][pa70!a51]&r=4979" target="_blank">http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$ndx:$vxn,uu[w,a]dallynay[dc][p...</A> good trading today..... jwg