"....the next key levels at least appear to be fairly clear over the near term." http://www.pretzelcharts.com/ "Let's get right into the charts today. SPX has put itself in an interesting position:" 1.bp.blogspot.com/-hFAb3gOfD3k/YLomdZAH6EI/AAAAAAAAXH8/Vsp11ObCeYI8hQ1IUhibLjUnPgoKvZYIACNcBGAsYHQ/s1565/spx.png "NYA has managed a clear three waves down (suggestive of an ABC correction unless yesterday's low breaks):" 1.bp.blogspot.com/-LFwtix2Ko20/YLomq_EBXqI/AAAAAAAAXIA/_hudd4iQwfgIHQodwytpKQPViBjkrL3xwCNcBGAsYHQ/s1565/nya.png "In conclusion, the next key levels at least appear to be fairly clear over the near term. Trade safe."