It could, but there is just as great a probability it will not. Right now, there are only very mild improvements in the internals, it could result within a week in another trip to the 1400 area plus minus some 10, but I still have a "need" to see a first test of the 1330/50 area. The 1369 held three assaults this week, and since "triple bottoms do not exist" according to my cyber friend ajtj (and I don't have much faith in these either, but rules are made to be broken...) and since the DOW did breach its own triple bottom at 8155/65 today, my guess is that the Naz will follow with its own breach. Month end may delay it, but I doubt it will circumvent it.
Zeev
