$SPX charts...

Both trendline charts are tracking the highs very well, and I suspect over time, one of the two charts will prove slightly more accurate, and I'll drop the less useful one...Right now in terms of the the Correlation Coefficient (Linear Regression stuff, for those that are familiar with it) shows that the top picture's trendline has a correlation of .993403 with the highs of this index, and the bottom chart's trendline has a correlation of .993726. Virtually identical accuracy exists for both charts. Right now, visually, I like the bottom one slightly more. Remember, perfect correlation is 1.00000. We're real close to that, about 7/10th of a percent off.

In case I forgot to say it, I went short late in the day yesterday, with a small position. Once we go below the 'flash crash' lows, I'll get more aggressive...