One thing I failed to mention on the Cash S&P. This reaction comes off the top of the Gann square therefore It may be deeper but not earth shaking.
The one reaction we have witnessed since the March low occurred in late May. That correction was to the tune of approximately 9%. A similar correction from the recent high yields 926. That level coincides with the bottom of the blue square I have drawn on the chart. That square contains a convergence (four) of possible support levels. KEEP THE FAITH !
I just thought I would throw those figures at you.
JbG
