SPX decline from Fridays high was a clear five waver down to me finishing with about a 34 point drop to 1850 area. The bounce from their was over 17 points or in the FIBO area of 62% rise to todays high (so far). I see possibility of another five wave drop from here. p.s. I see also possibility of the drop to 1850 area being wave 3.1 of a larger drop, this we are beginning 3.3 of this drop were all that truth.