Naz, SPX, and Dow closed above 20-day MA. As far as I'm concerned, the Nazdaq did break out of that downtrend. Check out the link below: <A HREF="http://www.thecaboose.net/peteg/0808a.JPG" target="_new">http://www.thecaboose.net/peteg/0808a.JPG</A> chart brought to you by da cheif.