Still no follow through day.  The markets have had 15 days of an attempted rally.  The post I wrote on the 23rd (here) will describe the short-term resistance levels.  The NASDAQ is a touch (3 points) above the 50 day moving average, while the DJIA and S&P500 are still below their 50 day moving averages. [...]

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Here they are courtesy of the FDIC.
#21
Carson River Community Bank, Carson City, Nevada, was closed today by the Nevada Department of Business and Industry, Financial Institutions Division, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Heritage Bank of Nevada, [...]

The market has now put in the 14th day of an attempted rally without a follow through day.  Here is the recap of the day from IBD.
The Dow pared a 1.8% shortfall to 0.5%. The NYSE composite and S&P 500 dipped 0.2% each. Meanwhile, the Nasdaq slipped 0.1%. Bellwethers Apple (AAPL) and Baidu (BIDU) finished [...]

I got some email on my post from Sunday.  Readers wanted to see the Fibonacci on the graphs.  Well, here they are with some light commentary.  First, the DJIA.

Key levels are as follows:
50 day moving average: 10,377
61.8% Fibonacci from recent decline: 10,388
I would use the range of 10,375-10,425 as resistance.