SPY/SP500 - 3/31 S&P 500 E-MINI FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! the_sunship I should have seen yesterday was a creeping market and either gone long or stayed out completely. They say "never short a creeping market" - that's a lesson to remember. I would add - "long a creeping market on pullbacks and trail a stop." That would have been the profitable move yesterday. This new main count seems the most reasonable right now. We have consumer confidence numbers at 10am, so that may push this down. However, we can never tell how that market will react to "good" or "bad " news. Keep in mind the channel may end up being support and we may rally from it - or we may bounce there and then go lower. I don't think a lower low is on the table for the index at this point, but we'll have to see how the rest of the week develops. This correction (IF it's correct) "should" last into tomorrow at least. Other ideas will be posted below. I'll be out till about 11am today, so I will see you after then. Good Luck today!