I'm hesitant to post because I know too many differing opinions can turn a thread into a bit of a mish mash. Orwell you know my stance on this correction so you know I'm not trying to contradict you. There are several time / price relationships on SPI (XJO) that make todays bounce very similar to Nov 2011 suggesting the move down may have been aborted. I'm on the sidelines for now. For the EW guy's, what is the chance of this abc relief rally turning into an abcd, extended e, sideways move into next year?