So far we have fallen much more impulsively than the 10% May drop. We may be forming a potential Bear Flag or we could be forming a larger counter trend rally to around 2940. We have only seen small bullish candles if it was a bottom we would likely have seen a much larger Green candle Tuesday or Today. I heard many mention the May low, I believe this will be a critical level that could mean the difference between a 10% correction and a bear market. If the Bears win and we drop below that 2750 level it could mean we drop to near December lows, if the Bulls we win and we bounce off that level we could come up to form a head and shoulders and potentially new all time highs. I am open to anything the technicals indicate. For the long run it is likely a recession is coming and we are putting in a multi-year toping pattern.