Here's how the IWM/SPY levels played out for the week. See the arrows? Somebody out there should be making money of these......
Here are the levels for next week (btw...no sign of capitulation volume yet):
Here's a link to my "panel" layout in Freestock charts (btw...I may have overcome the bug displaying trend and level lines in lower time frames):
http://tradinglog.realitytrader.com/2011/12/multi-time-frame-pivot-analysis.html