CLOSING LEVELS

Markets managed to recover a bit of the afternoon sell down but well off their best levels. The SPX +4.7, NAZ flat and the DJIA +21.

Strongest sectors- ags, semis, energy, emerging markets and trannies- laggards include gaming, brokers, homies, metals, metals and defense.

NYSE- 275 net green;

NAZ- flat inernals;

SPX- 305 GREEN;

NDX - 53 GREEN;

TRIN- .58 up volume double the down volume;

RSI 2 on the SPX still way overbought near the 97 level-

Markets also found resistance at the 9/23 top near the 1080 level- so if we can get past - that 1080 level will become nice support - we will see