Okay, let's take a lokat the general picture wth the S&P. her's a long-term look......
Looks like support at the 794 50% retracement line.
It is somewat significant that the most recent highs of 2007 WERE higher than the highs of 1999-2000.
So, plainly if we break support here and say make lowere lows t is pretty easy to see 610. OUCH...
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