Biotechs wreck and BTK is oversold on the short-term chart. Looking for support around 420. If it fails, look for increasing momentum to the downside. <A HREF="http://www.optionetics.com/articles/article_full.asp?idNo=8860" target="_new">http://www.optionetics.com/articles/article_full.asp?idNo=8860</A> Biotech Index BTK Components - $BTK, AFFX, AMGN, BGEN, CEPH, CHIR, CRA: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$btk,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!d20,2!f][vc60][iub14!la12,26,9!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=affx,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=amgn,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=bgen,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=ceph,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=chir,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=cra,uu[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]>