the 200 DMA is on a downward path, while the SP is stagnant. It is inevitable the SP will cross the 200DMA but I would have preferred the SP crossing the 200 while the 200 was moving up. No matter the technicals are such. The 50 DMA is moving every so close to the 200 and if it crosses that might get some technicians attentions. Also the BB's are very very tight, but that might change a bit after today's action, as it appears someone is just giving up and throwing the towel in.

Either way PTK is at the crossroads. Sorry for the pun. It was intended. LOL.