Three different projections from multiple swing points all converge for a potentially important confluence in the 2516 area (+/- a point or two). Since that is the area of the high today, I wouldn't expect prices to move significantly higher from here if this confluence is important. Shorts could be entered with stops at 2540, which is 5 points above the April 2010 high. Time cycles are also lining up around the 28th/29th for possible reversal. Note that 11/17/10 looks to be very important in currencies and stocks and, at this point, I have no idea on polarity.
Kim Rice 10/28/10
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