S&P 500 & Nasdaq Analysis and Trends

[Myself °¿°]

I would like to start this post by...
giving thanks to all who participated posting thoughts, charts and links.

This started out being a reply to #msg-5194172
As I make the search for this answer, I'm finding a Rand Mcnally of road blocks.

Concerns from 01-05-05 will SMH stop at 30

• NAMO~NDX The 10ma "short term" is oversold. The 30 is not far behind it and could go lower.
• NAAD~NDX The 10ma "short term" made it's oversold debut but as you can see July-August a short term "10day" oversold reading can continue while the 30ma finds its bottom giving many fits and starts. On the other side of the coin, see the March divergence scenario.

• NASI~NDX ..... Lets not forget "wallabe_short's" weekly NASI with CCI "says it all" post

• BPNDX~NDX Note 64 as 81 is an important line in the sand so I believe 64 "LINK" is... Note: it closed at 67, down 5.
Does anyone know how to calculate BPNDX intraday 15min before the close?

Is it me or do I see my mixed emotions showing... "Do I think this thing will tank or not while in search of a relief rally inflection point". The gap in SMH is under 30 so we could see more down on monday and the question remains... "Will the bid hold?"

We have Politics Vs Market Timing or is it all the same / Zarqawi to wage a holy war//"election"
ADD OPEC not to mention Social Security and Iran will defend itself from "arrogant" US Khatam recently warned the United States that his country would successfully defend itself from any hostile US action.
Total all this up and we are still not seeing the "10 year"... price in the next hike "LINK" Note: TNX closed at 41.40

More on the details of "Just crap I'm looking at" L8r... I need to do my Sat. domestic stuff -g-