Tuesday 4/13/10 wrap up

Vindicator buy signal (buy line above sell, V stoch ticked up from reading below 25) mid morning led to a long entry which was sold at the close today when the sell line crossed back below the buy.  Short lived trade, but it was a profit.  As I write this, the E-mini has gapped up on the night session open on Intel earnings.  That gap will probably get filled.  The Vindicator has moved to sell mode on the buy/sell and the V Stoch rolled over this PM, strong indications that the bias is to the downside over the very near term.
I took down the EW count on the rally from last Thursdays lows, that count is not correct as the downstroke this morning overlapped what had been marked as a W1 on Friday. There are a number of alternates here so further action is needed to zero in on the correct one.  The E minis continue to be even less clear. 
There is a second chart below that has a longer time frame, it's included so you can see two things on the buy/sell line:  continued oscillating pattern, and divergences in the peaks of the buy line.  Maybe the bulls are running out of ammo?