Finally, we've a clean break below 1394. Things are starting to get real interesting, even the VIX is starting to pick up almost 6% (with a buy signal on the VIX rainbow chart).
Sp'60min
Nothing else to add right now, aside from the fact that it is certainly pleasing to see a formation/theory develop, and be confirmed :)
The daily cycles are now looking VERY promising for major downside in the coming days.