K Thanks We have exactly two mor hours for the top to be put in - so out of all longs. We may drift down after 2 hours till end of the day - But the high should be put in soon - so do not go longs here. 62% fib retrace now for spx at 2742 and 2754 is ma 20. In 2007 we hit ma 20 and came down to ma 350 - not saying the same will happen. Regards