in the middle of earnings reports. individual stocks becoming more important than general market direction. have met the earlier projected target of 1094.

long term –
indicators extended up. the downward cycle pressures should continue til 11/13. we remain in the longer term upmove and next upside target is 1129. 1029 would start a move down to 959.

daily –
pressures are down. today’s trade down thru 1078 has started a down move to 1054.