For me, two of my three boxes are now checked.
Close below 17 month moving average
Only thing missing is the Vector Vest earnings indicator which is holding strong but moves much slower. That would be the last shoe to drop.
My thought is we chop around and back test the 17 month MA at 2670.45 as the earnings indicator slowly rolls over and then we continue down. Went to cash in September and laddered into T-bills in December going out 9 months with an average of 2.52%. If we indeed back test the 17 month MA I'll use SDS to play the downside. Safe and happy and wish the same to you all.