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[blustar]

Last night when pouring through the charts I noticed what is known as a triangle/indecision pattern that is predicting about the 1826/27 SPX zone today, a strong congestion area on the charts. I also took the projected move to the low 1720's for next Wed and did an algo on it that is about 1.73X the last move off the top and it all agrees.

Today, Europe is down close to 1% overall... Russia/Ukraine, economy, etc., ad naseum...also we have the new moon top due Friday with the day before being down..cycles...rinse.... repeat...also, we have a major bisector low due today.

We have economic reports coming out at 8:30 EST and Yellen testifies too at 10:00...

I expect Friday to be an up day, setting up for next week's expected huge decline to the low 1720's by Mar 5.