This weekly chart shows that AMEX has been on the rise since Dec 2011. But each time, the consolidation duration is getting shorter and shorter. The important part is the Gap at around 89 USD was filled with the last 4 weeks of shorting. Next immediate support window is around 83.9 - 85, failing to do that we have another GAP to be filled (i will show it on another AXP daily chart!
