Second qtr. revisited in the equities

1175-78 will be a trouble zone for the Spu

1185-87 is the top #I have today for price rejection..

nasd…2057-61….2067 are the commensurate levels..

Day traders should not be buying any strength into these #’s

Long term traders should use these levels to shore up some of their profits.

Pay for your stops and raise your trailing stops…This is not a place to enter new long positions

Very long term Nasd investors should minimally raise their closing stop in the Nasd to 2034.

Closes above the top # sets in both can lead to another swing up in prices.

I do not expect this to happen today.