STOCK INDEXES & MARKETS

The June NASDAQ 100 closed higher due to short covering on Friday. The
high-range close sets the stage for a steady to higher opening on Monday.
Stochastics and the RSI remain bearish signaling that sideways to lower prices
are possible near-term. Closes below Tuesday's low crossing at 2285.00 would
confirm that a short-term top has been posted. If June renews the rally off
March's low, March's high crossing at 2376.50 is the next upside target. First
resistance is the reaction high crossing at 2358.00. Second resistance is
March's high crossing at 2376.50. First support is Tuesday's low crossing at
2285.00. Second support is the reaction low crossing at 2232.00.


The June S&P 500 index closed higher due to short covering on Friday as it
consolidates some of the decline off last week's high. The high-range close
sets the stage for a steady to higher opening on Monday. Stochastics and the
RSI remain bearish signaling that sideways to lower prices are possible
near-term. If June extends the decline off last week's high, the reaction low
crossing at 1279.30 is the next downside target. Closes above the 10-day moving
average crossing at 1320.09 would temper the near-term bearish outlook. First
resistance is the 10-day moving average crossing at 1320.09. Second resistance
is last Wednesday's high crossing at 1334.00. First support is Thursday's low
crossing at 1298.50. Second support is the reaction low crossing at 1279.30.


The Dow closed higher on Friday as it consolidates some of the decline off
last week's high. Stochastics and the RSI remain bearish signaling that
sideways to lower prices are possible near-term. Closes below Thursday's low
crossing at 12,163 are needed to confirm that a short-term top has been posted.
If the Dow renews the rally off March's low, weekly resistance crossing at
12,767 is the next upside target. First resistance is today's high crossing at
12,369. Second resistance is last Friday's high crossing at 12,450. First
support is Thursday's low crossing at 12,163. Second support is the reaction
low crossing at 11,972. 


http://quotes.ino.com/exchanges/category.html?c=indexes+