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S&P update....



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<DIV>I had overlooked a fork (dark green) in the last chart.....looks like the 
price is trying to find</DIV>
<DIV>support on three different forks....the lower tine of the dark-green fork, 
center tine of the </DIV>
<DIV>magenta fork and the center tine of the cyan (long-term) fork. The short 
term momentum is</DIV>
<DIV>also nearing the over-sold range.&nbsp; If the support fails here I would 
look for support around the</DIV>
<DIV>1270 level (Neck-line).&nbsp; As always....comments welcome.</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp; Adam</DIV>
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