Need to see heavy institutional dumping at 3:30-4 again and go to session lows. Very good sign for bears that futures flipped 180 from last night. New leg down in China tonight and gap down in US tomorrow morning would be icing. Need to test 12,799 again, August lows, then Feb. lows by January. I might start a rumor of a FED rate hike overnight to boost the dollar.
Dell earnings are gonna lift the markets huge, but that isn't until thurs. But do keep in mind that the rebounders arent dead. The 3:00 rebound is still a strong possibility.