Rally attempt update

Update on our newborn rally attempt. Despite todays -231 drawdown the market is trading above support. Remember "churning above support is Bullish". Continue to watch the diagonal trendline. A break of this line is a first sign of trouble. A break below the old low is reason to exit.

PCG is still attractive at $33.6 There are 2 resistance levels it must overcome. $36 looks very likely. $38-39 look like good secondary targets.

ACI still behaving but will face some tests in the near future. Since July it has failed to overcome previous resistance. $27-28 will be it's first test.

UPDATE: ACI climbed to the $27 level and fell hard from resistance to make a new low.