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Friday's action showed strength at the close. This migth be good for next week. The candle picturing on the Nasdaq and QQQ is a bit bearish, though as this is a hanging man.

Also, the DOW and S&P pictured a more bearich hanging man at about it's 50 day MA. ( The NASD broke the 50 day MA to the upside). All averages are well overbought with stichastics hitting the 100 mark.

So, I think next monday the open will be positive but I think we should see a day from plus to minus, and a weak close.



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