Overhead exponential trendline on the $SPX is at about 1100...

Now we'll see if it staggers up there and drops again...or goes through it for some reason...Today I got out with a small profit but it would have been bigger if I had pulled out about an hour sooner...I was really expecting the market to give me another 2% or so, oh well...Looking around I do see some divergences, but they weren't huge...except for some of the ones I check less often...like $NYMO....big positive divergence there..so we sit on the sidelines and wait...

Here are all of the trendlines relevant to the decline. The two thick orange trendlines represent both the trendline it's been following since the April top, and a higher one it could reach up to and follow (or bounce off of and come back down) if this market wanted to create a 'right shoulder' and decline from there...