Well, this could be a brother move down to match the previous move from 2834 to 2698 COMP. I did anticipate two drops, one from 2874 and another from 2892. We may have had them a bit prior to those levels.
SPX, OEX, NYA could be building triangles on the daily, so that's something to watch as well.
Op-ex window starts in a week, so watch Max Pain. Cisco is coming up soon as well.