Hi Billy,

Recall that Aug 2010 the pivot confluences also were not "respected" - do you perhaps see any correlation with current "weak" support pivot numbers and the draw downs we had a year ago ?

PS: can't help noticing the confluence of the extreme IWM - MS3/QS3/SS3 numbers and a VWAP anchored at the beging of the uptrend back in March 2009

charl