...SPX 500/NYSE current support tests: data point 06 October 2009:

-SPX 500 Pivot Point Support Test (see attachment)
-SPX 500 Six Month Support Line Test (see attachment)
-NYSE October 2008 High Support Line Test (see attachment)

...all tests successful; however, it pays to be cautious because:

-Institutional Net Buy/Sell in Distribution!! It will be very interesting to see if Institutions will change their stance regarding equities in the near future or if they keep on net-selling into the current rally

Kind Regards