Thu 3/27/2008 8:49pm

spx failed to extend the sequential sell count and closed today at 1-0 buy, it will need a close above 1349.88 friday to reverse to a 1-0 sell.  not likely without any economic data.

for monday, a close above 1352.99 is needed for that 1-0 sell, or it'll be 3-0 buy by then.

for the nasdaq, ccmp index symbol on the bloomberg terminal, it closed at a 5-0 sell count, but will need a rally friday and close above 2326.75, so it's looking like streak over and 1-0 buy.