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Monday 9-27-04  5:55 AM PST 

     Asian markets finished  lower with 4 out of 15 key markets up, and 11  down. The Hang-Seng  lost  1.12% and  the Nikkei  shed  0.75%.  European markets are also   trading  lower so far this morning,  with  6  out of 15   key markets  up, and  9 down. The Xetra-DAX  is off  by 1.26%, and  the FTSE -100  is  down by 0.18%.  In GLOBEX trading -as of 5:51 AM PST- the SP contract is trading higher  by 2.80  points, and the NDX contract is off   by  6.00 points, indicating a negative  opening. From the 60 minute charts, we can see  that  NASDAQ has  intra-day support at  1875, 1850, and at 1825. It has intra-day resistance at   1895. The SP has  intra-day support at  1110,  at 1094, and at 1085. It has intra-day  resistance at   1114, and at 1120.

 

NASDAQ 60 min with MACD and Stochastics SP500 60 min with MACD and  Stochastics

   

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