The OVERALL INDICATOR As it moved last week the most to the downside out of all indices. I've highlighted the important zones to the upside ( supply zone ) and downside ( demand zone ). Overall I'm expecting a bit more downside (1 to 2% max) drop before earnings and Fed kicking back markets up for a week or two. Mid February . Once Markets go up to 100 ema , i will continue the LONG TERM view shorting. Expecting a 20% drop overall on all equities.