Vindicator 9:00 AM 4/16/10

Note the dashed black line on the buy/sell Vindicator marked "Trend Support".  It's placed @ the 1,000 level on the scale, note how the buy line has bounced off that level repeatedly in the last few weeks.  I saw this pattern in January during that sell off but it was the sell line at the time.  I think this has value from a couple of standpoints, 1st as a trade signal, 2nd as way of judging whether bulls or bears are retaining upper hand.