Any Warnings from the Monthly Charts?

In late morning trading on Thursday, the bears were out in force as I received an urgent email to sign up for a "Crash Alert" by the end of the day. The major averages once again held the key monthly support as they had earlier in the month. Focusing on key price levels, as I discussed two weeks ago The Week Ahead: An Investor's Best Friend in Volatile Times, is the best approach in these volatile markets. Though the market internals finished 2-1 positive, the market is not out of the woods as t...