Yesterday was a successful test of the 920 uptrend and today will be a continuation day to the uptrend, since markets will rally at the open.
Today could answer the question, depending on how it does in the 950 region, which is the short term resistance level. Again, waiting for a break of the 920 level to confirm what might have been the beginning last wk of a new bear leg down to the 800 area, which I believe would be a first target.
Probably best said by Dr Brett, one of my favorite blogs on the Interwebs :
http://traderfeed.blogspot.com/2009/06/preopening-briefing-maintaining.html
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