Just an idea. SPY has hit 50% retracement, the FED has pumped more liquidity into the market than ever before, and history tells us major crashes are followed by major bull rallies. I believe we're already at the top and will continue our downtrend shortly.
Comment:
So far we've been in a 16 day consolidation period, major moves expected either later this week or next week. It is near impossible to time a leg down in current market predictions. Ride the waves.