Somehow I don't think the last series of tops (950, 920, 910) are going to define this downtrend. A couple of posts ago I was hoping for a series of lower tops to define the downtrend's rate of descent, if you recall.
At this point, a break of 888 would strengthen that thesis. The alternate thesis I would expect a bit more is a trading range starting to form (sideways for the summer??) btwn 880 and 920. That would be a nice set of trades.
I'm expecting a bounce at 880 and hold 910-920 to be the big resistance.
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Seems like if the bulls close it above 920 today, the bears will make preparations for a summer of death on the way to 1000.
I don't expect a close above 920 in any event.
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