Glen Here is a chart I am watching closely the 30 min spx and with the drop below the bottom wedge line and follow ing the back test of it we should accelerate towards 1600. I do believe we get a bounce in that neigborhood. stockcharts.com/c-sc/sc?s=$SPX&p=30&yr=0&mn=0&dy=15&i=p88850411298&a=229427598&r=1370447389670