7/16 11:20

This decline means that probably the 7/21 top will double-top at 10400+/- and that the wave structure from the 7/2 low is complete. That means 7/21 is a short opportunity, which is how I want to trade this market. 
It looks like the low today is in.  The 5-minute, 380-unit M/A is the main support:

Since the high the market has been staging a series of ABCs, with each 5-wave just completing a prior wave.