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ajtj99

08/04/06 5:56 PM

#86451 RE: farooq #86449

The NDX candle today is not real significant in and of itself, but in the context of the weekly chart today's result kind of bookends the trading range to the range during the last week of July.

The SPX candle today is a long legged doji, which book-ends price between today's 1290 and the 1224 low, and nominally between today's close at 1279 and the 1238 area.

http://stockcharts.com/h-sc/ui?s=$spx&p=D&yr=1&mn=0&dy=0&id=p60999958774