The inference is, the 109 area ought to be a temporary respite for the overall BKX downtrend. While triple bottoms are an illusion in the big picture, they occasionally work as a temporary inflection point in the market.
It's a lot like a guy driving by and seeing "Busty Heart" (sp?) standing topless on the side of the street.
While he may stop and ogle her massive, artificial "cans" that can literally crush cans (she does this as an act, so I've read) the fact that these things are just pumped up with silicone to make them 80XXXXX or whatever they are ultimately puts her in the same category as the wax figures at Madamme Tassaud's Museum.