spx is finishing a three drivers pattern, with its fib retraces right on. Its not an HS as many say. I feel the idiots in washington DC will not resolve the debt ceiling successfully, adding great volatility to the markets. These lines all "line up" almost as if by design. These drops coming up are wave patterns, and fibs almost exactly, again, as if by design. Will it play out to the lines? We will see. In the end we are headed for 555.