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[CRUISENAL]

Both look like they are turning down. Both similar to late October 2007. If this pattern continues like 2007, then we have about 3 weeks down to a low. I still think SPX 2020 and INDU likely to 17350 area. Odds are a 5 wave down with 3 underway. I think we will get a couple days stabilization around SPX 2072 but then drop. INDU around 17700 and then drop. I thought the SPX would top lower but it bounced a bit higher. This pattern recognition visually has helped me out allot. I know what to look for and if what I see and anticipate gets going I trade accordingly. Just entered SDS yesterday AM at 19.97. Looking for it at that gap fill to be at 22.65 sometime mid July.