View: content.screencast.com/users/Jim_Nf6/folders/J...49c/2013-09-08_1120.png

But, perhaps, we are against significant resistance where price has been rejected. 
 
I saw the glass as half bear. 
:o) 9/8/13

if you care for better/cleaner looking PPs - code is below === line 
 
============================= 
 
# 
# thinkorswim, inc. (c) 2008-2009 
# 
 
input marketThreshold = 0.0025; 
input timeFrame = {default DAY, "2 DAYS", "3 DAYS", "4 DAYS", WEEK, MONTH, "OPT EXP"}; 
input showOnlyToday = no; 
input applyPersonsLevelsFilter = yes; 
 
 
rec marketType = {default DISABLED, NEUTRAL, BEARISH, BULLISH}; 
 
def PP2 = high(period = timeFrame)[2] + low(period = timeFrame)[2] + close(period = timeFrame)[2]; 
 
marketType = if !applyPersonsLevelsFilter then marketType.DISABLED else 
if PP2[-1] > (PP2[-1] + PP2 + PP2[1]) / 3 + marketThreshold then marketType.BULLISH else 
if PP2[-1] < (PP2[-1] + PP2 + PP2[1]) / 3 - marketThreshold then marketType.BEARISH else marketType.NEUTRAL; 
 
plot R3; 
plot R2; 
plot R1; 
plot RR; 
plot PP; 
plot SS; 
plot S1; 
plot S2; 
plot S3; 
 
if showOnlyToday and !IsNaN(close(period = timeFrame)[-1]) 
then { 
R1 = Double.NaN; 
R2 = Double.NaN; 
R3 = Double.NaN; 
PP = Double.NaN; 
S1 = Double.NaN; 
S2 = Double.NaN; 
S3 = Double.NaN; 
} else { 
PP = (high(period = timeFrame)[1] + low(period = timeFrame)[1] + close(period = timeFrame)[1]) / 3; 
R1 = 2 * PP - low(period = timeFrame)[1]; 
R2 = PP + high(period = timeFrame)[1] - low(period = timeFrame)[1]; 
R3 = R2 + high(period = timeFrame)[1] - low(period = timeFrame)[1]; 
S1 = 2 * PP - high(period = timeFrame)[1]; 
S2 = PP - high(period = timeFrame)[1] + low(period = timeFrame)[1]; 
S3 = S2 - high(period = timeFrame)[1] + low(period = timeFrame)[1]; 
} 
 
RR = if (marketType == marketType.BEARISH or marketType == marketType.NEUTRAL) then R1 else R2; 
SS = if (marketType == marketType.BULLISH or marketType == marketType.NEUTRAL) then S1 else S2; 
 
RR.setHiding(!applyPersonsLevelsFilter); 
R1.setHiding (applyPersonsLevelsFilter); 
R2.setHiding(applyPersonsLevelsFilter); 
R3. hide(); 
SS.setHiding(!applyPersonsLevelsFilter); 
S1.setHiding (applyPersonsLevelsFilter); 
S2.setHiding(applyPersonsLevelsFilter); 
S3. hide(); 
 
PP.SetDefaultColor(GetColor(0)); 
RR.SetDefaultColor(GetColor(5));  
R1.SetDefaultColor(GetColor(5)); 
R2.SetDefaultColor(GetColor(5)); 
R3. SetDefaultColor(GetColor(5)); 
SS.SetDefaultColor(GetColor(6)); 
S1. SetDefaultColor(GetColor(6)); 
S2.SetDefaultColor(GetColor(6)); 
S3. SetDefaultColor(GetColor(6)); 
 
PP.SetStyle(Curve.SHORT_DASH); 
RR.SetStyle (Curve.SHORT_DASH); 
R1.SetStyle(Curve.SHORT_DASH); 
R2.SetStyle(Curve. SHORT_DASH); 
R3.SetStyle(Curve.SHORT_DASH); 
SS.SetStyle(Curve.SHORT_DASH);  
S1.SetStyle(Curve.SHORT_DASH); 
S2.SetStyle(Curve.SHORT_DASH); 
S3.SetStyle (Curve.SHORT_DASH); 
 
def paintingStrategy = if timeframe == timeframe.WEEK then PaintingStrategy.LINE_VS_TRIANGLES else if timeFrame == timeFrame.MONTH then PaintingStrategy.LINE_VS_SQUARES else PaintingStrategy.LINE_VS_POINTS; 9/8/13