Paddy, yea nothing is certain thats for sure. The 200MA is about...

Paddy, yea nothing is certain thats for sure. The 200MA is about the only one I give much weight to as I know institutions will sell below this support and buy above resistance. The only other MA's I use are ones that I have customized to the specific stock as they can really help pick the swings.

Im not too concerned about the "noise" in the DJIA or S+P....just follow the charts IMO, it will all come out in the wash. 10 000 should provide good support. But I would want to see the most recent downtrend line broken (from the most recent lower swing top and the previous top) before I got too excited. The medium term trend still remains down IMO.

SLR is looking better by the day at these levels. You are correct, it does look like a reversal is about to take place on the weekly chart. A long legged doji on increasing volume with the candles preceding it getting shorter.

I still wouldnt trade this as its against the larger trend, but it certainly looks like 85c is the short term bottom.

Good luck.