The Stock Market Tomorrow 5-24-06

Today after being up most of the day,the stock market closed lower.Today was the fourth close in row below the key support level of 1268.42 in the S&P 500,again testing the 200 day moving average.If tomorrow Wednesday 5-24-06,the S&P 500 closes again below this level the next test of 1245.74 will be almost certain fairly soon.We are staying with our May 16,2006 prediction.Any close this month below 1245.74 would be a major bear signal suggesting the market reversed and took out 5 previous months of lows in a very short period of time.Check out this monthly chart.