Yes, if the SPX Weekly correction has started, Monday should be a nice red day. A Daily low is due Tuesday. It looks like this morning a 60 min Phase 2 may get confirmed, doubt it will last long.
The good news, I believe this Weekly Phase 1 will be a short one, lasting no more than a week or two.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."