9/14 2:00

In addition to the support mentioned in the prior post, DJ futures have come down to and touched their 30-minute M/A.  SP futures 30-minute M/A is at 1115.25, just slightly below the decline's low of 1115.75.  I expect a bounce before any further decline.  Wave 2, correcting the initial 5-wave down, may morph into an expanded flat as part of the bounce.