Today's high at 1082 may have completed wave ii of (iii) down. A strong decline to 1030ish should occur very soon. Alternatively 1082 only finished wave [A] and [C] to 1086 should follow tomorrow.
If we get a convincing break of 1064, wave iii shold be underway. If the SPX breaches 1075 though we should see 1086.
