NOTE: BGU, TNA, ERX, FAS are all charted against $SPX. I thought it worth noting that their aggregate lines are nearing another MAX Expansion pattern, especially as SPX is also reaching a significant TOP (See also how SPX's PPO is nearing yet another validation of its own resistance at these corresponding price levels for both SPX and BGU, TNA, ERX, FAS altogether).
I believe that violation of SPX's shorter-term support (BLUE) line may provide an early signal of reversal as we lunge into the new yar 2010.
- Dalcindo
Dalcindo's Public List
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