this is what a chart looks like before it drops a similar...

this is what a chart looks like before it drops a similar distance peak to trough OR rallies. I think a drop.

http://futuresource.quote.com/charts/charts.jsp?s=%24SPX&o=&a=V%3A820&z=700x300&d=medium&b=bar&st=


If you aren't spooked by this chart you aren't watching closely enough imo.

Haing said that Oz futures don't seem scared enough and a blow off rally early next week into the election seems possible. Maybe they'll run the 6850 stops and spike to 7k. Gift short imo which might be held for months.