This week, we correctly predicted in our Wagner Daily ETF newsletter that the benchmark S&P 500 Index would "undercut" its key support level at the 1,100 area, then form a reversal candle and snap back up a day or two later. On October 4, that's exactly what happened. But now where is the market headed? This video shares our objective technical analysis of the situation. http://www.youtube.com/watch?v=6XYEMX3Bolg Go to http://www.morpheustrading.com for a free trial subscription.