Newly, I am sure that chart has great value but, of course, there are many other very important ingredients in determining LT trends...TA and FA included. Brink's add call at 1160 appears to be an extension of his LT call at SPX 800. Further ebb and probing below his entry point certainly is possible but barring any highly unforeseen events it's not something I would bet on to any great degree. Your JMO FWIW WTHDIK times 2. We shall see