-The DOW should continue to 7500 before encountering resistance.  Past that, we will look at 7800-8000 which is fairly stout resistance.  We may trade sideways briefly before continuing our trek north.  We need more market participation as reflected in volume.  I’m hoping we get new money coming back into the market to continue to spark this rally.  Stay tuned and stay nimble.

-The SPX may briefly retest 741 before continuing up to challenge 800 as resistance.  741, as you recall was excellent support for a good while and then was broken.  Now that we are back above that level we will probably want to retest 741 to make sure that it wants to remain as support.  After that we can feel free to move up to challenge 800.

-The COMPQ went up to bounce right off of old support at 1434 before closing at 1431.  The first test will be to break that level before moving higher to challenge 1460 and 1492.

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