Updated 11:49 EDT:
The current pattern suggests that we might make a new high into the
upper 2480's SPX early Thursday and then sell-off hard. Transports making
bear flag into early Thursday. Downside support near 2450.
A secondary top should be forming around early Wed August 9 at the latest.This would put the final 80 week low out as late as Tuesday August 15 IF August 9 is THE secondary top.