It might look tasty for bears eyes, but we should remember that not even daily chart EW issues happens so fast and quickly, not to mention montly and weekly. 
It has cracked allready well with daily chart really low and also reversed first time on friday to end it allmost +4% for positive territory, very possible there is some B upside fighting which can take even months to develop if needed but I have to confess it starts to looks alike some companies are really going to get something more nasty things for downside as one standalone SPX index ever can offer.
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