Profunds index and sector trading

[otraque]

This is chart i drew about 5/27, saying we are in an explosive situation up or down---well we did not explode, it remains crawling along its lower uptrend line, little above or little below.
This is super sideways, like walking down a very narrow sidewalk.
Only MACD with bearish crossing forming somewhat notable.
But overall the Big Boys are showing their power as they play this ever tightening ATR.
http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[f,a]dhcayiay[de][pb20!b50!b200!c20!d20,2!f][vc60...