The SOX weekly looks like it is tracing out a bear flag / wave 4. The target for the drop would be 470 SOX. After that, a re-trace up to maybe 510 could be expected: <A HREF="http://stockcharts.com/def/servlet/SC.web?c=$sox,uu[e,a]waclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14!lb14][j7078533,y]&listNum=1" target="_blank">http://stockcharts.com/def/servlet/SC.web?c=$sox,uu[e,a]waclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f...</A>