DJIA
-Most of the indicators are on uptrend except Elliott.
-One more thing - 13000 is in sight. Important Resistance.
-Suppport seems to be at 12700.
NASDAQ
-downward pointing cci - sign of waning momentum ?
-it might do red sea crossing if red LSMA appear.
Russell
-range bound between 700 and 720.
-cci is turning down however, but if reject, it should go up fast.
-IFT RSI also testify - hovering +0.5
-monitor
Major News
1. Microsoft hold tough Yahoo stance. Anyway, one more day.
2. Merill Lynch yields drop - signs of people becoming less risk-averse?
3. Dollar Hits 1 month high against major currencies
