er2 more return ---- not always! er2 s/r breakout play went limp and the es ran like "Sonador" !!! all depends who is doing the buying {pumping}.
============== Reno4no-ok; Looks like a bottom; not as solid however as oil/gas sector uptrend. And while its a reversal signal like you said, those SPY,QQQQ 2005 uptrends havent been as solid as 2004 uptrends. DIA,SPY,QQQQ also all have ; downtrending 50 dma, & downtrending 50dma all OCT.