I would say we are at "Point 24" with one more leg up followed by the first of 2 major legs down (provided it plays out the way it looks like it might)... <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[h,a]daclyyay[df][pb50!b200][vc60]> <img src=http://www.tradersaffiliates.com/MARKET14.gif> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$indu,uu[h,a]daclyyay[df][pb50!b200][vc60]>